The difficulties of communicating sophisticated products to not-so-sophisticated investors
About a year ago, I took the train from New York's Penn Station to Waterbury, Vermont, otherwise known as Amtrak's Vermonter line (cows and rolling green hills are painted on the engine, lest anyone forget where they're headed). The journey takes eight hours - nine when you factor in an hour of delays that are so frequent on Amtrak as to seem scheduled. The trip was uneventful, with the exception of one notable conversation I overheard between two conductors.'I'm loving these tech stocks,'
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