Archive for November 9th, 2010

Investing in (basic) science is like playing the lottery. If you buy just one ticket, you will probably lose your investment. But if you buy all the available tickets, you can win big. The NYT has a piece reminding readers of this fact. Often the problem of most states/nations is that they can not afford to buy all the tickets, not even close to a fraction of the tickets. So instead they end up having to decide what looks most promising. This is where it gets tricky.

I think that is enough philosophizing for today. I better get back to work.


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