Did you ever see one of those slow moving car crashes on TV? You know the kind I’m talking about. It’s the ones where you can see there is no other end than for the two vehicles to meet in a steel shredding collision. It’s so frustrating.
You shout at the screen, knowing the actors driving those cars can’t hear you. But you shout nonetheless. If only either one of them makes the smallest of a turn away from the other automobile, the two metal projectiles will peacefully pass each other, neither aware of the fatal fate that would otherwise await them.
I was reminded of this feeling the other day when I was speaking to an Ivy League finance professor about his latest research.
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