1974 – Then and Now

Tuesday, October 28th, 2008 by Cass Chappell, CFP®


We have all heard that “those who don’t study history are bound to repeat it” or something similar.  This attachment is an excerpt from a letter written in 1974 by Jim Fullerton, former chairman of the Capital Group.

The situation in 1974 was eerily similar to that of today.  I promise that this should only take a few moments to read.  I think that this is by far the most enlightening piece I have seen during these trying times.

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