No one in this world, so far as I know—and I have researched the records for years, and employed agents to help me—has ever lost money by underestimating the intelligence of the great masses of the plain people. Nor has anyone ever lost public office thereby." - Meaning and context.">
'Notes On Journalism' in the Chicago Tribune (19 September 1926)
• The first sentence is often paraphrased as "No one ever went broke underestimating the intelligence of the American people." (The Yale Book of Quotations, 2006, p. 512)
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No one in this world, so far as I know—and I have researched the records for years, and employed agents to help me—has ever lost money by underestimating the intelligence of the great masses of the plain people. Nor has anyone ever lost public office thereby.

— H. L. Mencken

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "No one in this world, so far as I know—and I have researched the records for years, and employed agents to help me—has ever lost money by underestimating the intelligence of the great masses of the plain people. Nor has anyone ever lost public office thereby." in the context of "'Notes On Journalism' in the Chicago Tribune (19 September 1926)
• The first sentence is often paraphrased as "No one ever went broke underestimating the intelligence of the American people." (The Yale Book of Quotations, 2006, p. 512)" to mean that wisdom is timeless.

Source: Wikiquote: "H. L. Mencken" (Quotes, 1920s) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
H. L. Mencken

About H. L. Mencken

Henry Louis Mencken (12 September 1880 – 29 January 1956), known as H. L. Mencken, was a twentieth-century journalist, satirist, social critic, cynic, and freethinker, known as the "Sage of Baltimore" and the "American Nietzsche". He is often regarded as one of the most influential American writers of the early 20th century.