"You look back and see how hard you worked and how poor you were, and how desperately anxious you were to succeed, and all you can remember is how happy you were."

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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.

— Adam Smith