This all reminds me of the unfortunate story of the British entrepreneur John Tate and his compasses. Sometime back in the mid-1800s a small-time British manufacturer named John Tate decided to go into the business of making compasses. He set up a factory, installed the machinery, hired some workers, and began turning out his first compasses. He had just completed his first batch of 500 compasses when someone finally pointed out that he had forgotten to mark which end of the compass was north. The compasses worked fine; you just didn't know which way was north and which was south. Needless to say poor Mr. Tate's compasses didn't sell; Tate went bankrupt, the factory closed, and the workers were laid off. But his memory lives on, since that time any compass where you're not sure which end is north and which is south has been known as a 'Tate's compass'.

The moral of the story, of course, is that he who has a Tate's is lost.
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