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  • The directors of such companies, however, being the managers rather of other people's money than of their own, it cannot well be expected, that they should watch over it with the same anxious vigilance with which the partners in a private copartnery frequently watch over their own.... Negligence and profusion, therefore, must always prevail, more or less, in the management of the affairs of such a company.
  • 6 years ago



    Tags : Adam Smith Quotes , People Quotes , Watches Quotes
  • I am not a positivist. Positivism states that what cannot be observed does not exist. This conception is scientifically indefensible, for it is impossible to make valid affirmations of what people 'can' or 'cannot' observe. One would have to say 'only what we observe exists,' which is obviously false.
  • 5 years ago



    Tags : Albert Einstein Quotes , People Quotes , Doe Quotes