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Podcast: The Evenlode Podcast
Episode: Ship of Theseus - Evenlode Investment View
Description: The Ship of Theseus is one of the oldest philosophical thought experiments. Theseus, the great mythical hero of Athens, slayed the minotaur in Crete and returned to Athens where his ship was kept in the harbour as a memorial. Over the years the planks, masts, sails etc. were gradually replaced as they decayed. Eventually, all the pieces had been replaced but the ship still stood there in the harbour. Which raises the question, is it still the same ship?We're often reminded of this question when considering the long-term history of listed companies. <...