Most pictures aren’t worth much, but that great shot of a new baby, a celebrity kissing a new paramour, or a wedding can change fortunes on a dime. And that mostly comes down to being in the right place at the right time. The element of luck and timing means a paparazzo’s income is extremely risky, because it is so variable and unpredictable. They face the risk that one day they won’t get any pictures at all and on another they might stumble upon a celebrity eating breakfast with a new lover. The paparazzi have various ways of managing these risks, but even the best strategies are undermined
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