Word: foresights
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Dates: during 1960-1969
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Ireland to Israel. As a retailer. Sir Isaac owes much of his success to a single piece of foresight : shrewdly betting that increasingly well-paid British workers could be trusted to pay their bills, he expanded Gussie's sales by pioneering installment-plan selling in Britain. Outside retailing, he has been one of Britain's most avid takeover bidders, buying up company after company in the conviction that inflation would eventually make every one of them worth more than he paid for it. Into a series of holding companies, he has bundled some $70 million worth of investments...
...with the San Francisco 49ers. Everyone agreed that he could pass, but he was no twinkle toes as a runner, and when the 49ers shifted to a ground game last year, he was traded to the Giants. "Hindsight," says San Francisco Coach Red Hickey mournfully, "is always clearer than foresight." Against the Pittsburgh Steelers in the season's second game. Tittle got the kind of protection a passer needs, completed ten of twelve passes for a 17-14 victory that started the Giants on the road to the Eastern Conference championship...
Cassandra may yet be proved right about many things: she has all too often been right before. Still, gloom is not necessarily foresight, and pessimism is not the same as logic...
Your article on the Monroe Doctrine was both interesting and timely. The essence of history has always been foresight, at least in the sense that those who make decisions are aware of the importance of their actions. Monroe has never been completely appreciated as a President; yet his knowledge of his office in terms of precedence and tradition is with us today...
Willys' strength is due partly to the foresight of U.S. Industrialist Edgar Kaiser, who in 1954 took the then-daring decision to enter Brazil's auto market on a partnership basis and personally guaranteed a $42 million Bank of America loan that provided Willys do Brasil's working capital. But it is due as well to enthusiastic Brazilians who decided that they could switch successfully from assembling imported Jeep parts to actual manufacturing of cars. The odds were long. One visiting U.S. auto executive, after studying the shed where Jeeps were being assembled...