The Lions in the Grass, Revisited |
April 07, 2014 | April 2014 Bond Updates |
“In the economic sphere an act, a habit, an institution, a law produces not only one effect, but a series of effects. Of these effects, the first alone is immediate; it appears simultaneously with its cause; it is seen. The other effects emerge only subsequently; they are not seen; we are fortunate if we foresee them. |
View more at: http://www.forbes.com/sites/johnmauldin/2014/04/06/the-lions-in-the-grass-revisited/ |
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