R&D

I’m not sure I agree with all of Lowe’s arguments, but I do believe this is the funniest description of R&D that I have ever come across:

R&D, on the other hand, is not the profitable side of the business. Far from it. We are black holes of finance: huge sums of money spiral in beyond our event horizons, emitting piteous cries and futile streams of braking radiation, and are never seen again.

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