No Such Thing As Fishing In The Sea Of Tranquility

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• 00:11

  Hello, and welcome to another episode of no Such Thing as a Fish, a weekly podcast this week coming to you live from Perth.

• 00:25

  My name is Dan Shriver.

• 00:27

  I am sitting here with Anna Tashinsky, Andrew, Hunter, Murray and James.

• 00:32

  And once again, we have gathered around the microphones with our four favorite facts from the last seven days and in a particular order.

• 00:41

  Here we go.

• 00:44

  What do they put in the water here?

• 00:47

  Starting with fact number one, and that is Andy.

• 00:52

  My fact is that if you run a restaurant, one of the best ways to sabotage a rival is to get them a Michelin star.

• 00:58

  Star.

• 01:00

  It's the kiss of death.

• 01:02

  Is it?

• 01:02

  It's the kiss of death for a restaurant.

• 01:04

  This is so cool.

• 01:05

  So this was a study.

• 01:07

  It was published in the Strategic Management Journal.

• 01:09

  Basically, the author tracked down restaurants that had been awarded a Michelin star recently and found that they are likelier to close over the following.

• 01:17

  However long it is, let's say year.

• 01:18

  Do we know why?

• 01:19

  Yes, we do.

• 01:20

  You become famous for a start.

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