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"Prudent men are wont to say — and this not rashly or without good ground — that he who would foresee what has to be should reflect on what has been, for everything that happens in the world at any time has genuine resemblance to what happened in ancient times." — Machiavelli
Niccolò Machiavelli (3 May 1469 – 21 June 1527) was an Italian political philosopher, historian, musician, poet, and romantic comedic playwright. Machiavelli was also a key figure in realist political theory, crucial to European statecraft during the Renaissance.
Biography information from Wikiquote
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For no man is found so prudent as to know how to adapt himself to these changes, both because he cannot deviate from the course to which nature inclines him, and because, having always prospered while adhering to one path, he cannot be persuaded that it would be well for him to forsake it. And so when occasion requires the cautious man to act impetuously, he cannot do so and is undone: whereas had he changed his nature with time and circumstances, his fortune would have been unchanged.
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And there is nothing wastes so rapidly as liberality, for even whilst you exercise it you lose the power to do so, and so become either poor or despised, or else - in avoiding poverty - rapacious and hated. And a leader should guard himself, above all things, against being despised and hated; and liberality leads you to both. Therefore it is wiser to have a reputation for austerity which brings reproach without hatred, than to be compelled through seeking a reputation for liberality to incur a name for rapacity which begets reproach with hatred.