CHAPTER 5
SPECIALIZED KNOWLEDGE
PERSONAL EXPERIENCES OR
OBSERVATIONS
The Fourth Step toward Riches
THERE are two kinds of knowledge. One is general, the other is
specialized. General knowledge, no matter how great in quantity or variety
it
may be, is of but little use in the accumulation of money. The faculties of
the
great universities possess, in the aggregate, practically every form of
general
knowledge known to civilization. Most of the professors have but little or
no money.

CHAPTER 5 SPECIALIZED KNOWLEDGE PERSONAL EXPERIENCES OR OBSERVATIONS The Fourth Step toward Riches THERE are two kinds of knowledge. One is general, the other is specialized. General knowledge, no matter how great in quantity or variety it may be, is of but little use in the accumulation of money. The faculties of the great universities possess, in the aggregate, practically every form of general knowledge known to civilization. Most of the professors have but little or no money.

SPECIALIZED KNOWLEDGE

IN EVERY chapter of this book, mention has been made of the money-
making secret which has made fortunes for more than five hundred exceedingly
wealthy men whom I have carefully analyzed over a long period of years. 
The secret was brought to my attention by Andrew Carnegie, more than a
quarter of a century ago. The canny, lovable old Scotsman carelessly tossed it
into my mind, when I was but a boy. Then he sat back in his chair, with a merry
twinkle in his eyes, and watched carefully to see if I had brains enough to
understand the full significance of what he had said to me.

Arts

Books

IN EVERY chapter of this book, mention has been made of the money- making secret which has made fortunes for more than five hundred exceedingly wealthy men whom I have carefully analyzed over a long period of years. The secret was brought to my attention by Andrew Carnegie, more than a quarter of a century ago. The canny, lovable old Scotsman carelessly tossed it into my mind, when I was but a boy. Then he sat back in his chair, with a merry twinkle in his eyes, and watched carefully to see if I had brains enough to understand the full significance of what he had said to me.

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