Unfortunately, I think this is correct. Such as it ever has been with technological change. The folks at the bottom bear the brunt of the dislocation and the folks at the top pat themselves on the back for being so forward looking and get huge payouts regardless of the actual results. Further, the folks at the top are always incentivized to go along with the herd of their peers because if it works then they were on the bandwagon, and if it doesn’t work, well then, how could they have known because “Everyone was deceived.”