When the profits of trade happen to be greater than…
“When the profits of trade happen to be greater than ordinary, over-trading becomes a general error both among great and small dealers.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
When trade profits exceed normal levels, excessive trading leads to mistakes for both large and small merchants.
In simple terms: Too much profit can cause reckless trading errors.
Key Takeaway
Balance profit motives with prudent risk management.
Themes
economics
risk
trade
Mood
cautious
analytical
Type
economic
practical
When to use this quote
- investment decisions
- business strategy
- personal budgeting
Key Concepts
finance
behavioral economics
market dynamics
Questions to Reflect On
- How do you recognize when profit is driving reckless behavior?
- What safeguards can prevent over‑trading?
A Different Perspective
High profit can breed overconfidence and poor judgment.