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Adapt or Atrophy
Art begins with resistance—at the point where resistance is overcome. No human masterpiece has ever been created without great labor.
—ANDRÉ GIDE
It is not the strongest of species that survives, nor the most intelligent that survives. It is the one most adaptable to change.
—CHARLES DARWIN
In 1917, Forbes published its first list of the one hundred most valuable companies. Here we are, almost a century later, and only fifteen of those companies still exist (with several of them struggling mightily to endure troubled conditions). One company, U.S. Steel, which in 1917 towered above the other hundred companies, with three times the holdings of the second company on the list, today has an adjusted value just one-fifth of ...
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