Stewardship

Across centuries, households like this learned the same lesson. Wealth grows through effort, but it endures only through attention. When care lapses, fortunes disperse—sometimes slowly, sometimes all at once.

Carnegie’s story is a study in stewardship: a man shaped by the competitive demands of the industrial age, yet driven by a belief that wealth should serve a broader purpose. His long-term vision and disciplined compounding still offer lessons for modern investors.