There is modicum of truth in the assertion that "a working knowledge of ancient history is necessary to the intelligent interpretaion of current events". But the sage who uttered these words of wisdom might well have added something on the benefits of studying, particularly, the famous battles of history for the lessons they contain for those of us who lead or aspire to leadership. Such a study will reveal certain qualities and attributes which enabled the winners to win and certain deficiencies which caused the losers to lose. And the student will see that the same patterns recurs consistently, again and again, throughout the centuries.

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The expression "more than a modicum of truth" means