“You can’t connect the dots looking forward. You can only connect them looking backwards.” — Steve Jobs, speaking at the 2005 commencement ceremonies at Stanford University in Palo Alto, Calif.
It is almost impossible to spot trends reading the news as it unfolds. Sometimes it helps to look back a decade or more to place today’s events as they unfold in the proper perspective. Reviewing what we thought would happen versus what actually happened can help shed some light on how best to evaluate the reliability of what’s being reported today as the news unfolds. That’s what these weekly “Blasts from the past” features are all about.
The basics
The story titled “Defying Demographics” first ran in Volume 1, Number 1 of The Institutional Real Estate Letter – Europe, IREI’s monthly publication for institutional investors in the European region, along with the people and companies th
