“What has been will be again, what has been done will be done again; there is nothing new under the sun,” so it says in the Book of Ecclesiastes. To us, a familiar and fond passage. It also reminds us of the four most expensive words in the English language, attributed to John Templeton, this time is different. We cannot count how many times we have heard those words uttered by those promoting a new investment or investment trend. When we hear it, we have good reason to believe that something bad is about to happen. Consider the dot.com bubble, […]
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- Patrick J. Kelly
- 10 Sep 2025
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