During my eighty-seven years, I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think.”
February 25, 2019
In a speech before the House of Commons, Winston Churchill paraphrased a phrase first said by Harvard professor George Santayana. Churchill’s statement that, “Those who fail to learn from history are condemned to repeat it” became instantly famous because of its undeniable truth. This is especially so in the investment business given its...