Investing, Human Nature and
the Past 2000 Years

Two thousand years ago the words below were voiced whose truth was kept vivid through the centuries:

"One generation passeth away, and another generation cometh, but the earth abideth forever. The sun also ariseth, and the sun goeth down, and hasteth to his place where he arose.

The wind goeth toward the south, and turneth about unto the north; it whirleth about continually, and the wind returneth again according to his circuits.

All the rivers run into the sea; yet the sea is not full; unto the flow from whence the rivers come, thither they return again ...

The thing that hath been, it is that which shall be; and that which is done is that which shall be done; and there is no new thing under the sun."

The Bible/Ecclesiastes 1:4

For investors, investments and stock markets the meaning of the above is that human nature does not change, nor will its pattern ever change.