--- title: "Meaning & Key Takeaway of: There is scarcely an instance of a man…" description: "\"There is scarcely an instance of a man who has made a fortune by speculation and kept it\" — Andrew Carnegie" image: "https://sms4smile.com/quotes/i/30a/andrew-carnegie-2115_fortune_there-is-scarcely-an-instance-of-a-man-w_1725710.jpg" --- # There is scarcely an instance of a man who has made a… ![“There is scarcely an instance of a man who has made a fortune by speculation and kept it” quote by Andrew Carnegie](https://sms4smile.com/quotes/i/30a/andrew-carnegie-2115_fortune_there-is-scarcely-an-instance-of-a-man-w_1725710.jpg) [Download](https://sms4smile.com/quotes/i/30a/andrew-carnegie-2115_fortune_there-is-scarcely-an-instance-of-a-man-w_1725710.jpg) [Open image](https://sms4smile.com/quotes/i/30a/andrew-carnegie-2115_fortune_there-is-scarcely-an-instance-of-a-man-w_1725710.jpg) > “There is scarcely an instance of a man who has made a fortune by speculation and kept it” [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Speculation rarely creates lasting wealth; most fortunes come from productive work and investment. **In simple terms:** Speculation rarely makes lasting money. Key Takeaway Focus on building value, not quick bets. Themes wealth speculation productivity Mood cautious reflective Type motivational philosophical When to use this quote - Investing - entrepreneurship - personal finance - career planning Key Concepts Capitalism risk management Questions to Reflect On - What sustainable strategies can replace speculation? - How does hard work compare to chance? A Different Perspective Speculation can yield short‑term gains but often leads to loss. ★ ★ ★ ★ ★ No ratings yet [Fortune](https://sms4smile.com/quotes/about/fortune/) [Investing](https://sms4smile.com/quotes/about/investing/) [Men](https://sms4smile.com/quotes/about/men/) [Speculation](https://sms4smile.com/quotes/about/speculation/) [Wealth](https://sms4smile.com/quotes/about/wealth/) ## Related quotes > [“Either the War Office had recruited Ramses - in which case I would have General Spencer's head on a platter - or Ramses had…](https://sms4smile.com/quotes/elizabeth-peters/either-the-war-office-had-recruited-ramses-in-which-case-i-would-have/) [Elizabeth Peters](https://sms4smile.com/quotes/author/elizabeth-peters/) > [This, more than anything else, is what I have never understood about your people. 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Make your vow that you will reach that position, with untarnished reputation, and make no other vow to distract…](https://sms4smile.com/quotes/andrew-carnegie/be-king-in-your-dreams-make-your-vow-that-you-will-reach-that/) [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) > [“ You cannot push anyone up a ladder unless he is willing to climb a little. ”](https://sms4smile.com/quotes/andrew-carnegie/you-cannot-push-anyone-up-a-ladder-unless-he-is-willing-to-climb-a/) [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) > [“A man who acquires the ability to take full possession of his own mind may take possession of anything else to which he is…](https://sms4smile.com/quotes/andrew-carnegie/a-man-who-acquires-the-ability-to-take-full-possession-of-his-own/) [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) > [The secret of happiness is renunciation.](https://sms4smile.com/quotes/andrew-carnegie/the-secret-of-happiness-is-renunciation/) [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) > [Give me the life of the boy whose mother is nurse, seamstress, washerwoman, cook, teacher, angel, and saint, all in one, and whose father…](https://sms4smile.com/quotes/andrew-carnegie/give-me-the-life-of-the-boy-whose-mother-is-nurse-seamstress/) [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) > [Wealth is not to feed our egos but to feed the hungry and to help people help themselves.](https://sms4smile.com/quotes/andrew-carnegie/wealth-is-not-to-feed-our-egos-but-to-feed-the-hungry-and-to-help/) [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) > [You cannot push anyone up the ladder unless he is willing to climb.](https://sms4smile.com/quotes/andrew-carnegie/you-cannot-push-anyone-up-the-ladder-unless-he-is-willing-to-climb/) [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) > [The more difficult a problem becomes, the more interesting it is.](https://sms4smile.com/quotes/andrew-carnegie/the-more-difficult-a-problem-becomes-the-more-interesting-it-is/) [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) > [Teamwork is the ability to work together toward a common vision. The ability to direct individual accomplishments toward organizational objectives. It is the fuel…](https://sms4smile.com/quotes/andrew-carnegie/teamwork-is-the-ability-to-work-together-toward-a-common-vision-the/) [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) > [The Republic may not give wealth or happiness, she has not promised these. It is the freedom to pursue these, not their realization, we…](https://sms4smile.com/quotes/andrew-carnegie/the-republic-may-not-give-wealth-or-happiness-she-has-not-promised/) [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) > [The price which society pays for the law of competition, like the price it pays for cheap comforts and luxuries, is great; but the…](https://sms4smile.com/quotes/andrew-carnegie/the-price-which-society-pays-for-the-law-of-competition-like-the/) [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) > [The problem of our age is the proper administration of wealth, so that the ties of brotherhood may still bind together the rich and…](https://sms4smile.com/quotes/andrew-carnegie/the-problem-of-our-age-is-the-proper-administration-of-wealth-so-that/) [Andrew Carnegie](https://sms4smile.com/quotes/author/andrew-carnegie/) [Explore all 184 Andrew Carnegie quotes ](https://sms4smile.com/quotes/author/andrew-carnegie/) ## More Fortune quotes > [Time hath not yet so dried this blood of mine, Nor age so eat up my invention, Nor fortune made such havoc of my…](https://sms4smile.com/quotes/william-shakespeare/time-hath-not-yet-so-dried-this-blood-of-mine-nor-age-so-eat-up-my/) [William Shakespeare](https://sms4smile.com/quotes/author/william-shakespeare/) > [Five World Series rings, 3000-plus hits, the fame, the fortune and playing for the second most historic franchise in baseball... 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Believe in good fortune, divine…](https://sms4smile.com/quotes/joseph-murphy/whatever-your-conscious-mind-assumes-and-believes-to-be-true-your/) [Joseph Murphy](https://sms4smile.com/quotes/author/joseph-murphy/) > [“This spending of the best part of one's life earning money in order to enjoy a questionable liberty during the least valuable part of…](https://sms4smile.com/quotes/henry-david-thoreau/this-spending-of-the-best-part-of-one-s-life-earning-money-in-order/) [Henry David Thoreau](https://sms4smile.com/quotes/author/henry-david-thoreau/) > [You have a little bit of talent, a certain amount of good fortune and a lot of hard work in pursuit of whatever truth…](https://sms4smile.com/quotes/donald-sutherland/you-have-a-little-bit-of-talent-a-certain-amount-of-good-fortune-and/) [Donald Sutherland](https://sms4smile.com/quotes/author/donald-sutherland/) > [Honesty, by evil fortune tried, Finds in adversity the seed of praise.](https://sms4smile.com/quotes/ovid/honesty-by-evil-fortune-tried-finds-in-adversity-the-seed-of-praise/) [Ovid](https://sms4smile.com/quotes/author/ovid/) > [No state of society or laws can render men so much alike but that education, fortune, and tastes will interpose some differences between them;…](https://sms4smile.com/quotes/alexis-de-tocqueville/no-state-of-society-or-laws-can-render-men-so-much-alike-but-that/) [Alexis de Tocqueville](https://sms4smile.com/quotes/author/alexis-de-tocqueville/) > [A great JRPG captures that feeling of going on an unusual adventure, of bringing a ragtag group of heroes from famine to fortune or…](https://sms4smile.com/quotes/jason-schreier/a-great-jrpg-captures-that-feeling-of-going-on-an-unusual-adventure/) [Jason Schreier](https://sms4smile.com/quotes/author/jason-schreier/) > [A writer can make a fortune in America, but he can't make a living.](https://sms4smile.com/quotes/james-a-michener/a-writer-can-make-a-fortune-in-america-but-he-can-t-make-a-living/) [James A. Michener](https://sms4smile.com/quotes/author/james-a-michener/) > [We make our fortunes and we call them fate.](https://sms4smile.com/quotes/benjamin-disraeli/we-make-our-fortunes-and-we-call-them-fate/) [Benjamin Disraeli](https://sms4smile.com/quotes/author/benjamin-disraeli/) > [What is taken from the fortune, also, may haply be so much lifted from the soul. 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Dare and the world yields,…](https://sms4smile.com/quotes/william-makepeace-thackeray/let-a-man-who-has-to-make-his-fortune-in-life-remember-this-maxim/) [William Makepeace Thackeray](https://sms4smile.com/quotes/author/william-makepeace-thackeray/) [Browse all 2,945 Fortune quotes ](https://sms4smile.com/quotes/about/fortune/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "There is scarcely an instance of a man who has made a fortune by speculation and kept it", "creator": { "@type": "Person", "name": "Andrew Carnegie" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/andrew-carnegie/there-is-scarcely-an-instance-of-a-man-who-has-made-a-fortune-by/", "about": { "@type": "Thing", "name": "Fortune" }, "@id": "https://sms4smile.com/quotes/andrew-carnegie/there-is-scarcely-an-instance-of-a-man-who-has-made-a-fortune-by/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/30a/andrew-carnegie-2115_fortune_there-is-scarcely-an-instance-of-a-man-w_1725710.jpg", "contentUrl": "https://sms4smile.com/quotes/i/30a/andrew-carnegie-2115_fortune_there-is-scarcely-an-instance-of-a-man-w_1725710.jpg", "url": "https://sms4smile.com/quotes/i/30a/andrew-carnegie-2115_fortune_there-is-scarcely-an-instance-of-a-man-w_1725710.jpg", "width": 1080, "height": 1080, "caption": "“There is scarcely an instance of a man who has made a fortune by speculation and kept it” — Andrew Carnegie", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Andrew Carnegie", "item": "https://sms4smile.com/quotes/author/andrew-carnegie/" }, { "@type": "ListItem", "position": 4, "name": "There is scarcely an instance of...", "item": "https://sms4smile.com/quotes/andrew-carnegie/there-is-scarcely-an-instance-of-a-man-who-has-made-a-fortune-by/" } ], "@id": "https://sms4smile.com/quotes/andrew-carnegie/there-is-scarcely-an-instance-of-a-man-who-has-made-a-fortune-by/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```