Cavuto: Don't bet on 'sure bets'
{{#rendered}} {{/rendered}}It's different this time.
How many times have you heard that time-worn expression?
We won't see another 9/11 because it's different this time.
{{#rendered}} {{/rendered}}Or another meltdown in stocks because that was a unique set of events at that time.
Or another market bubble, because we learned from the last one.
Even though we didn't.
{{#rendered}} {{/rendered}}Even though history proves we tend to repeat history.
The folks who insisted 150 years ago after the assassination of Abraham Lincoln that we'd never leave a U.S. president so exposed.
Even though three more times we did.
{{#rendered}} {{/rendered}}Or those who insisted after World War I, that it wasn't the war to end all wars, after all.
Or that a stock market crash like the one in 1929 couldn't be repeated, until it was in 1987 and a couple of times since.
I guess I'm not saying anything profound here, just that we all remember we live in the moment,
{{#rendered}} {{/rendered}}And it's only a moment.
And what we learn from that moment because it only seems to last a moment.
Like after the Apollo 1 fire and three astronauts died in their capsule in 1967, we said that something like that would never happen again.
{{#rendered}} {{/rendered}}Until nearly 20 years later, something worse, did.
That's the thing about sure bets. Don't bet on 'em.
Because while new circumstances are different, the course of circumstances isn't.
{{#rendered}} {{/rendered}}We all get ahead of ourselves.
We all get cocky.
We all get over confident.
{{#rendered}} {{/rendered}}We all assume things are different this time.
That we'll never see a scourge like the Nazis, only to see another one called ISIS.
Each is different. This much is the same.
{{#rendered}} {{/rendered}}The only thing that's different this time is that it's never really that different any time.