Swiss Economicblogs.org
Extrapolating The Recent Past Can Be Hazardous To Your Wealth “Those who cannot remember the past are condemned to repeat it,” remarked George Santayana over 100 years ago. These words, as strung together in this sequence, certainly sound good. But how to render them to actionable advice is less certain. Aren’t some facets of the past – like the floppy disk – not worth remembering? And aren’t others – like a first...
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