The author of the article contests two main interpretations of Agrippa’s advice to his associates reported by Cassius Dio (49. 4). The followers of the fi rst view believe that Dio’s information is just a product of his own fantasy and has nothing to do with Agrippa. The supporters of the second interpretation believe that Dio’s account is quite reliable and therefore proves that Agrippa bewared of Augustus and that he really had such a bad opinion about rulers. It is argued in the article that the advice entirely corresponds to the common policies of Augustus and Agrippa in terms of strengthening the power of the princeps. A new interpretation of the advice is suggested: Agrippa recommended his associates to show modesty and leave their fame to the Emperor in order to secure as much as possible honour and authority for Augustus. It is very likely that Agrippa’s advice to his associates was the result of his common planning with Augustus.