I watched the game before passing it on, and was surprised at how similar the camera movements and various angles of the broadcast were to contemporary football coverage. The images were black and white, with a blurrier resolution, but the broadcast view, with cutaways to closer cameras for key moments, was very similar to today's coverage. Despite 60 years of technical innovations, broadcast mode still remains the best way to watch live football.
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The danger in technology investing is that S-curves nest inside S-curves. You can be right about the ultimate destination and completely wrong about the timing, and if you're wrong about the timing in a leveraged way, you don't get to be right about the destination.
Invest Like the Best with Patrick O'Shaughnessy
The thing that I've learned over time is that the most important question is not 'is this technology real?' but rather 'what is the rate of improvement, and how does that rate of improvement compare to what the market is pricing in?' Because technologies that are real can still be terrible investments if the market has already priced in a lot of the improvement.
Alex Sacerdote — Invest Like the Best with Patrick O'Shaughnessy
The problem with Sunday's broadcast wasn't the fighting. The problem was the tonally incoherent emulsion of patriotism and blood lust. History and by this crap an event happening for the people but tucked behind a paramount payw wall.
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