The right merchant is one who has the just average of…
“The right merchant is one who has the just average of faculties we call common sense; a man of a strong affinity for facts, who makes up his decision on what he has seen. He is thoroughly persuaded of the truths of arithmetic. There is always a reason, in the man, for his good or bad fortune in making money. Men talk as if there were some magic about this. He knows that all goes on the old road, pound for pound, cent for cent - for every effect a perfect cause - and that good luck is another name for tenacity of purpose.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
A good merchant relies on common sense, facts, and persistence, not magic.
In simple terms: Successful merchants use sense, facts, and persistence.
Key Takeaway
Focus on facts and persistence.
Themes
business
common sense
perseverance
Mood
analytical
motivational
Type
philosophical
inspirational
When to use this quote
- selling
- investing
- career planning
Key Concepts
economics
decision making
Questions to Reflect On
- What role does luck play in success?
- How can one balance persistence with adaptability?
A Different Perspective
Overemphasis on luck can ignore external factors.