By Jeff Hyrich
History never repeats itself, but it does often rhyme” – Mark Twain
I’ve always been a curious person and like learning about new things. There’s always some new widget or technology that’s going to dramatically impact our lives, but investors must also think about how the future will play out if they want an opportunity to capitalize on those changes. Fortunes will be made for some companies and lost by others. While we can’t predict what will happen, sometimes it helps to look to the past and see how previous technology changes affected both challengers and incumbents.
Today’s headlines often focus on electric vehicles and artificial intelligence, but yesteryear it was canals, railroads, telegraph, and airplanes.
Read the rest online: Once In a Lifetime
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