Hesiod is considered the world’s first economist. He lived in the foothills of Mount Helicon near the Gulf of Corinth in the eighth century BC and was a contemporary of Homer. His Works and days is the most significant historical source on Greek farming techniques and the ancient economy. Hesiod’s advice still echoes down the ages: “Observe due measure, for right timing is in all things the most important factor.”
Timing, however, is something that is neglected, even abjured, in the investment world.
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