John Templeton, the elder statesman of global investing, famously remarked that among the four most costly words in market history are "this time is different." Yet we all share a sense, from the factory floor to executive suites, that something new is going on in the global economy. And that something new is optimism. For the first time in history, almost everyone in the world economy has a chance for a better life -- or at least their children do. Let the long boom begin.
~ Business Week, "Let the Good Times Roll," March 27, 2006, by Chris Farrell