I don't agree with the tittle,most of the case is that if you don't have knowledge you're money would be wasted,because you are always get failed result from different types of strategy to earn money because you don't have knowledge,but if you have knowledge even if you only have small amount of money you can use the knowledge to earn money.
I highly agree, only people who wanted a shortcut will believe this kind of statement. But those who are smart and hard-working will refute the title because it is the knowledge that enables a person to create his source of funds. Money without knowledge will end up exhausting the fund since the person might get into a venture that he has no idea about and ends up getting bankrupt wasting the money put into that business. Or the person will use the money for his leisure without thinking that it can be exhausted.