[tiatia123]

It is an extraordinary risky decision to do a PhD (maybe except in CS). I have seen the best ones fail career-wise.

Excellent blog post about it: https://blogs.harvard.edu/philg/2018/06/14/losing-the-nobel-...

Quote:

"My take-away from the careers aspect of the book is that if you (1) love competition, (2) have a huge appetite for risk, (3) don’t mind working long hours for a minimum of 27 years until getting that first grant, and (4) are mostly indifferent to money, pursuing a physics PhD and an academic job might be a reasonable plan. You’ll get to work with a lot of smart people, for sure, but, as the book notes, quite of few of them may be planning to stab you in the back when it comes time to assign credit for a Nobel-worthy discovery. It is not like most other fields of human endeavor where there is room for everyone to excel in his or her own way."