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Louis Brandeis

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There must be opportunities for judgment to mature. When, therefore, you increase your business to a very great extent, and the multitude of problems increase with its growth, you will find, in the first place, that the man at the head has a diminishing knowledge of the facts and, in the second place, a diminishing opportunity of exercising a careful judgment upon them.
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Testimony before the United States Senate, Committee On Interstate Commerce (December 14, 1911).

 
Louis Brandeis

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