Today, there are roughly 4 million miles of public roads, roughly 240 million vehicles (more than one for every licensed driver,) 99 out of every 100 babies in America are born at the hospital, there are 130 telephone subscriptions per 100 people in the United States, over 70 out of every 100 Americans have internet access and have graduated from high school.  And 99 out of every 100 U.S. households have a refrigerator, cooking appliance and color television.   

Contrast that with today's opening quote!

When you think about the advancements that have occurred over the last 100 years it is nothing short of amazing.  And the pace of change continues to accelerate. 

Now I have said that the way to adapt/handle capital deployment decisions in ...

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