Success (Second Edition)

Panic. It is not a sudden and furious gust breaking on a peaceful situation, irrational both in its onset and in its passing away, but something which can b

e corrective which Nature applies to the swollen periods of the w

ing which will last for ever, by corresponding states of reaction and gloom, when the whole universe seems to be involved in a conspiracy a

al relation between the output and the needs of humanity, the natural laws do not cease to operate in a rhythmic alternation betwe

goods at a high profit as fast as it can make them will not trouble to manage its affairs on strict economic lines. It is when the pinch begins to be felt that men will investigate with relentless zeal their whole method of production, will welcome

have refused to believe that they had entered into a perpetual paradise of high prices. In this respect free will makes the individual superior to the alternations of

flourishing and declining trade? There is a celebrated

ications. The advice I tender on this subject is as applicable to Throgmorton Street as it is good for Mi

ss true in the main that such a course is a mistaken one. The machinery of his industry must, of course, be kept in motion, or it will rust and cease to be able to move in better tim

finitely turned that new enterprises should be undertaken. The iron frost is then broken, and the sower may go out to scatter in the sprin

e art of business is the selling capacity and the organisation of sales, but to carry out a preordained system of selling on an abstract theory is mere folly. To cease selling

because that is the ejaculation with which the victim informs his companions that he has recovered his equanimity. The man who will never sell on a falling market is the man who will not face the "thank you marms." He will "go while the going is good," but he will not accept the corollary to the dictum, "But don't stop because going is bad." He has not the nerve to face the bump and come up smiling. Don't be afraid to sell on a falling market, or you will be afraid to sell at all until you are forced to sell at far lower prices because of the weight of stocks o