Remember Long Term Capital?

The term “reality distortion field” really does apply to Google, they can convince you of anything but once they leave the room the enthusiasm for it wears off. The parallels to LTCM that Ed raises are sobering.

Even when LTC was about to crater, he remembers going to their offices, being sequestered into an off-campus conference room, and not being able to get any information out of them to even help bail them out. In addition, people would show up and leave during the meeting, take notes, and not even introduce themselves. Well, it turns out that his meetings with Google over the last year were pretty similar.

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