Agricola, Georgius
,
De re metallica
,
1912/1950
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<
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>Some owners prefer to buy shares
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9
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in mines abounding in metals,
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rather than to be troubled themselves to search for the veins; these men
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employ an easier and less uncertain method of increasing their property.
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<
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>Although their hopes in the shares of one or another mine may be frustrated,
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the buyers of shares should not abandon the rest of the mines, for all the
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money expended will be recovered with interest from some other mine.
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<
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>They should not buy only high priced shares in those mines producing metals,
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nor should they buy too many in neighbouring mines where metal has not
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yet been found, lest, should fortune not respond, they may be exhausted by
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their losses and have nothing with which they may meet their expenses
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or buy other shares which may replace their losses. </
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<
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>This calamity overĀ
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takes those who wish to grow suddenly rich from mines, and instead, they
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become very much poorer than before. </
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<
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>So then, in the buying of shares,
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as in other matters, there should be a certain limit of expenditure which
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miners should set themselves, lest blinded by the desire for excessive wealth,
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they throw all their money away. </
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>Moreover, a prudent owner, before he
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buys shares, ought to go to the mine and carefully examine the nature of the
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vein, for it is very important that he should be on his guard lest fraudulent
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sellers of shares should deceive him. </
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<
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>Investors in shares may perhaps
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become less wealthy, but they are more certain of some gain than those who
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mine for metals at their own expense, as they are more cautious in trusting
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to fortune. </
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<
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>Neither ought miners to be altogether distrustful of fortune, as
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we see some are, who as soon as the shares of any mine begin to go up in
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