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One whose knowledge is confined to books and whose wealth is in the possession of others, can use neither his knowledge nor wealth when the need for them arises.
Chanakya
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Interpretation

What this quote means

True knowledge and wealth must be applicable and owned to be useful in real life situations.

This quote suggests that having knowledge confined to books or wealth that is not one's own is of little practical value in times of need. It emphasizes the importance of not just acquiring knowledge or wealth, but also the necessity of applying that knowledge in real-world circumstances and having ownership over one's resources to truly benefit from them.

Themes

KnowledgeWealthPracticalityApplicationOwnership

In practice

Example use cases

In a seminar on entrepreneurship, one might say this quote to emphasize the importance of practical knowledge and ownership.

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Once you start a working on something, don't be afraid of failure and don't abandon it. People who work sincerely are the happiest.
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Let not a single day pass without your learning a verse, half a verse, or a fourth of it, or even one letter of it; nor without attending to charity, study and other pious activity.
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Whoever imposes severe punishment becomes repulsive to the people; while he who awards mild punishment becomes contemptible. But whoever imposes punishment as deserved becomes respectable.
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Swans live wherever there is water, and leave the place where water dries up; let not a man act so - and comes and goes as he pleases.
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Quote by Chanakya | QuoteProject