An investment in knowledge pays the best interest – Benjamin Franklin

An investment in knowledge pays the best interest, a very insightful statement by Benjamin Franklin. Ben had a similar statement that also focus on self improvement: The best investment is in the tools of one’s own trade. – Benjamin Franklin

From the two above quotes, we can see that Benjamin Franklin gives a lot of importance on self development.

Benjamin Franklin, is one of the Founding Fathers of the United States. Franklin was a leading writer, printer, political philosopher, politician, scientist, inventor, statesman, and diplomat … Ben made his print in the political field, as well as on the scientific field, with his electric experiment and theories.

Now let’s dissect the quote itself:

An investment in knowledge pays the best interest

– Benjamin Franklin

An investment in knowledge:
– It can be a call to self development and improvement, or learning to be able to have a more important role in society.
– It can also be, knowing what needs to be known to be able to invest wisely.

I personally think that Ben meant that learning helps you improve your social status and thus quality of life. However in today’s investment system, knowledge is also the best investment, as it allows you to detect and discover trends, understand industries, and it also allows discovering the potential of companies.

Pays the best interest:
From an investment point of view, the earlier you are aware of a business opportunity the better. Because usually good business opportunities start with low valuation and grow their valuation with time. Hence getting the knowledge early allow to have the highest return on investment.

Also knowledge can allow you to offer a service or product that you weren’t able to offer before acquiring this knowledge.