But if past is prologue, the Vatican will continue to operate above the law in denial, minimization and blame.

CNN: How next pope must tackle child sex abuse

If the past is a prologue, then Tiffany could deliver a meaningful upside surprise when it reports first quarter results.

FORBES: Gingrichonomics: Should Tiffany Trickle Down to Your Portfolio?

But think for a moment about one of the most fundamental rules of mutual fund investing: The past is not prologue.

FORBES: About John "Jack" Bogle

If past is prologue, the country that leads the world in clean energy innovation will likely lead the clean energy sector world-wide.

FORBES: Who Is Best Poised To Lead The Clean Energy Revolution?

Investors (and managers too) love to believe that the past is prologue.

FORBES: About John "Jack" Bogle

Sadly, the past is not prologue.

FORBES: The Hidden Costs of Health Entitlements are Growing at Triple the Rate of Health Entitlements

But if his past dozen years in Washington is prologue to the Heritage Foundation of tomorrow, it could be disastrous for the GOP, leading to a further narrowing of its appeal and the road to real fiscal reform.

FORBES: Walking The Tightrope At The Heritage Foundation: Will Jim DeMint Destroy The GOP Or Save It?

If past is prologue, Malone will use Liberty to shake up the world of digital media and make a killing for himself and his shareholders.

FORBES: Taking Liberty