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Things change quickly - and more drastically than many think...


tede02
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There's a good little article in today's WSJ:

 

http://online.wsj.com/articles/16-rules-for-investors-to-live-by-1417789469?mod=WSJ_hps_MIDDLE_Video_Third

 

This little excerpt struck a chord with me:

 

"Fourteen years ago, Enron was on Fortune magazine’s list of the world’s most-admired companies, Apple was a struggling niche company, Greece’s economy was booming, and the Congressional Budget Office predicted the federal government would be effectively debt-free by 2009. There is a tendency to extrapolate the recent past, but 10 years from now the business world will look absolutely nothing like it does today."

 

 

 

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