“There is a profound conflict of interest built into the [fund management] industry’s structure, one that grows out of the fact that (mutual fund) companies are independently owned, separate from the funds themselves, and managers profit by maximising the funds under management because their fees are based on assets, not performance.”
- Louis Lowenstein, The Investor’s Dilemma.
Having finally gotten around to watching John Krasinski’s A Quiet Place, we can side with the consensus: it’s a modern day classic. It clocks in at just 90 minutes, but there’s not a single idle second. The whole film is pared down to the bone. And it’s a ruthlessly efficient exercise in sustained suspense. The film is an elevator pitch made flesh: if you want to stay alive, don’t make a sound. Simply brilliant.