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Thanks. Carnegie warned against mixing up differen

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Post# of 36729
Posted On: 12/15/2013 12:14:18 PM
Posted By: bellsandwhistles
Re: The_Pro #15033
Thanks. Carnegie warned against mixing up different business enterprises and managements. He stayed focused on his single business and created phenomenal wealth. If the two men in the tub, Choo and Mayor, hadn't mucked up their plan of a forward-split merger, CUSIP, and name change by linking it to an extraneous  "foreign" dividend scheme that relied upon the actions of a different company, Medical Greens would likely be a separate ticker by now.

"The man who is director in a half dozen railroads and three or four manufacturing companies, or who tries at one and the same time to work a farm, a factory, a line of street cars, a political party and a store, rarely amounts to much. He may be concerned in the management of more than one business enterprise, but they should all be of the one kind, which he understands. The great successes of life are made by concentration." -Andrew Carnegie, the world's richest self-made man in 1901.


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