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Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.

— Peter F. Drucker

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Peter F. Drucker Quote: “Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.”


Peter F. Drucker Quote: “Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.”

Peter F. Drucker Quote: “Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.”

Peter F. Drucker Quote: “Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.”

Peter F. Drucker Quote: “Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.”

Peter F. Drucker Quote: “Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.”

Peter F. Drucker Quote: “Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.”
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