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Here is the prime condition of success: Concentrate your energy, thought and capital exclusively upon the business in which you are engaged. Having begun on one line, resolve to fight it out on that line, to lead in it, adopt every improvement, have the best machinery, and know the most about it. Andrew Carnegie		Wednesday Apr 15, 2026
		Quotes: 53419 Authors: 9969

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Markets as well as mobs respond to human emotions; markets as well as mobs can be inflamed to their own destruction. Owen D. Young

Quote Author: Owen D. Young

Owen D. Young

Owen D. Young

Owen D. Young (October 27, 1874 - July 11, 1962) was an American industrialist, businessman, lawyer and diplomat at the Second Reparations Conference (SRC) in 1929, as a member of the German Reparations International Commission.

He is best known for his SRC diplomacy and for founding the Radio Corporation of America. Young founded RCA as a subsidiary of General Electric in 1919; he became its first chairman and continued in that position until 1929.

Other Owen D. Young Quotes

The man who can put himself in the place of other men, who can understand the workings of their minds, need never worry about what the future has in store for him.

Government means politics, and interference by government carries with it always the implication of coercion. We may accept the expanding power of bureaucrats so long as we bask in their friendly smile. But it is a dangerous temptation. Today politics may be our friend and tomorrow we may be its victims.

Markets as well as mobs respond to human emotions; markets as well as mobs can be inflamed to their own destruction.

We are not to judge thrift solely by the test of saving or spending. If one spends what he should prudently save, that certainly is to be deplored. But if one saves what he should prudently spend, that is not necessarily to be commended. A wise balance between the two is the desired end.

What I am concerned about in this fast-moving world in a time of crises, both in foreign and domestic affairs, is not so much a program as a spirit of approach, not so much a mind as a heart. A program lives today and dies tomorrow. A mind, if it be open, may change with each new day, but the spirit and the heart are as unchanging as the tides.

It takes vision and courage to create it takes faith and courage to prove.