In 1903, the President of the Michigan Savings Bank advised Henry Ford’s lawyer, Horace Rackham, not to invest in the Ford Motor Company. “The horse is here to stay but the automobile is only a novelty – a fad,” he said. Not his best professional moment. Disruption can be unsettling and blindsiding in the short term. But underestimating it can hav...
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Trends in Financial Services