Investors Chronicle - magazine and web content, December 18th, 2007
The future-past tense is the only one that investors need know, says Mr Bearbull Mr Bearbull
Confucius is reputed to have said: "Study the past if you want to define the future". Fair enough. As one year gives way to the next, future gazing is a conventional thing to do. I should quickly add, however, that, even though I'm about to jump aboard a sort-of time machine, I do not subscribe to the view of a less influential philosopher, the American George Santayana, that: "Those who forget the past are condemned to repeat it." Flippantly, I could say that I'm always repeating my past mistakes e...
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