Quote:
Originally Posted by Johny Joe Hold
Not to beat a dead horse with my peeves about science
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Not at all, Mr. Mayor. Whether it be Noah's Ark or a pile of old logs, mispricing assets is a serious problem. It's an opportunity to extract advantage. Arbitraging someone's belief in the weight and authority of the Church to sell them some relics unlocks value that might otherwise be left on the table.
Much the same problem in science, where misplaced trust in hairy guys that sit at computers for hours trying to solve problems leads to underinvestment in professors in waistcoats who lecture well and talk the most in meetings.
We badly need a Moneyball moment in science to reveal, for example, the bowtie as an indicator of success in the future, and then price it accordingly. Laughable metrics like hours spent trying to solve a problem will one day be, uh, laughed at by fully bowtied departments of professors.