Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns. ...

Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns. (Robert D. Arnott)

Robert D. Arnott Quotes Pictures

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.

Robert D. Arnott Quotes: Whatever is newly expensive has two attributes: wonderful past returns and, in most cases, lousy future returns.