Chapter XVI

The sound rule in busi­ness is that you may give money freely when you have a sur­plus, but your name never—nei­ther as en­dorser nor as mem­ber of a cor­po­ra­tion with in­di­vid­ual li­a­bil­ity

— Andrew Carnegie

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "The sound rule in busi­ness is that you may give money freely when you have a sur­plus, but your name never—nei­ther as en­dorser nor as mem­ber of a cor­po­ra­tion with in­di­vid­ual li­a­bil­ity" in the context of "Chapter XVI" to mean that wisdom is timeless.

Source: Wikiquote: "Andrew Carnegie" (Quotes, Autobiography of Andrew Carnegie, 1920: Carnegie, Andrew (1920), Autobiography of Andrew Carnegie with Illustrations, retrieved: July 4, 2014) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Andrew Carnegie

About Andrew Carnegie

Andrew Carnegie (25 November 1835 – 11 August 1919) was a Scottish-American businessman, a major philanthropist, and the founder of the Carnegie Steel Company, which later became U.S. Steel.