Any bull market covers a multitude of sins, so there may be all sorts of problems with the current system that we won't see until the bear market comes.
Ron ChernowRead
Strange as it may seem, George Washington's life has now been so minutely documented that we know far more about him than did his own friends, family, and contemporaries.
Interpretation
What this quote means
George Washington's life is extensively documented, revealing more about him than what his closest associates knew.
This quote emphasizes the idea that the detailed records and studies of George Washington's life have surpassed the knowledge and understanding of even those who were closest to him during his lifetime. It illustrates how time allows for a deeper insight into historical figures through research and documentation, highlighting the contrast between contemporary understanding and what can later be discovered.
Themes
George WashingtonHistoryDocumentationKnowledgeInsight
In practice
Example use cases
In a lecture on historical figures, one could use this quote to illustrate the importance of documentation.
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When the market is just going up, up, and up, we all tend to be blind to the holes in the market. They're all papered over by the rise.
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I find that when I come upon something that I think is a historical revelation, I have the sort of adrenaline rush that I imagine a gambler gets in Las Vegas when he hits the jackpot. It's still tremendously exciting to me, and I think all of my peers in the business feel the same way.
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