Markets fail to learn from past mistakes

Markets suffer from short-term memory loss, says Gary Klesch (pictured), founder and chairman of Klesch & Company, a dedicated private equity family office. Klesch effectively started the UK and European markets for the valuation, investing and restructuring of distressed debt and value-impaired companies 20 years ago. He is also one of the leading pioneers and participants in the acquisition, reorganisation, financial restructuring and ensuing turnaround of previously challenged companies in

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