Word: hindsight
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...best bridge is played in hindsight, not in tournaments...
Business statistics provided some hindsight last week on just when the economy started to turn around and how fast it is recovering. The recession lost most of its steam during 1958's second quarter. Now, as the National Association of Purchasing Agents said, "business recovery is proceeding slowly, with no great upward surge anticipated in the immediate future." Mileposts...
Died. Roger Martin du Gard, 77, French novelist and winner of the 1937 Nobel Prize for literature, for the ten-volume Les Thibault, a sort of hindsight saga of French life after the turn of the century; in Bellême, France...
With the help of hindsight, successful Dictator Francisco Franco probed the failure of unsuccessful Dictator Adolf Hitler: "Hitler was an affected man. He lacked naturalness. Hitler had the soul of a gambler, and furthermore, he totally lacked knowledge of the psychology of peoples. He never understood anything about the soul of the English. He had not prepared, either completely or logically, his war. Germany had been carefully prepared, but only for a short war-not a long...
...market of the last ten years, nearly all the funds show impressive gains. But few outperform the market. The big funds have not increased in value as fast as blue chips. "Sure," says Joseph E. Welch, executive vice president of the $651 million Wellington Fund. "With the benefit of hindsight, an investor might have done better to put his money into some of the blue chips. But the catch is, which one should he have picked? Any sensible mutual-fund management will not claim they can perform miracles...