Historical Perspectives; Financial Atmosphere Emphasizes Survival of the Fittest Investor

Summary


Amid the moonlike landscape and rarefied air of Maui's Haleakala crater, the magnificent silver sword plant has survived for thousands of years.

Miles below the surface of the Pacific, in the blackness of the oceanic abyss, an array of fish and plant life survive without oxygen or light by converting sulfur from hydrothermal vents.

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Historical Perspectives; Financial Atmosphere Emphasizes Survival of the Fittest Investor

My point: Different species thrive in different environments.

So it is with the corporate organism.

Over time, successful investing depends upon understanding the prevailing financial environment and identifying sec...

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