... past the cusp of one of the greatest speculative bubbles of all time For this generation, the horses are already out of the barn, and it may be another 30 years the typical 129 130 The Four Pillars ... inception of Morgan Stanley’s EAFE (Europe, Australasia, and Far East) Index As of year-end 2000, there is a 32-year track record of accurate foreign returns For the period, this index shows an 11.89% ... reply was that these advances—gene therapy, DNA-based diagnostic testing, the flow of new surgical and angiography tools—had brought only marginal improvements on a day-to-day basis In fact, the...