SPECIALIZED KNOWLEDGE
Jun 09, 2025•18 min•Season 1Ep. 5
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Episode description
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.
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