In the race between the tortoise and the hare, if the hares are wheeler-dealers, managers are the turtles.  Over the years I’ve noticed that the high-flyers of yesterday never seem to get to the finish line.  Bill Zeckendorf and Bill Levitt were two of the giants who went broke after making billions of dollars.  Why?  There’s a simple reason for this; those who buy and sell make a lot of money while they’re doing it, but they have four adversaries that rob them of success. 

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