Subscriber-Only: Damage Is Damage

Here’s that 4000-word explainer many of you have been waiting for. For everyone else, scroll down to get to the stock market stuff.

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THE ANECDOTE

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Though it occurs only three-quarters of the way through, the climax of The Shawshank Redemption is a scene in which Andy Dufresne, having spent nineteen torturous years behind bars for a crime…

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