I'm currently undergrad, about to finish my bachelors degree, and enter either a masters or doctoral program straight away. Things like quantum theory really spike my interest, but now that they've discovered the anti-hydrogen and the higgs boson, I'm not really sure what to expect when I get out in ~10 years. I know I can count on TOE to be there, as well as M/string theory, which are both interesting... but realistically, how feasible is it to expect to get into something like that? From where I'm sitting we have years and years (maybe decades, maybe longer) of basically throwing money down the drain before we can expect to have anything major happen in the field. With that in mind, the positions are probably limited and competative, so how worth my time would getting a theoretical degree be? I know there's an applied side to all of these, and I want to do both, but I really don't want to spend my life doing other peoples experiments without doing anything that I designed myself. Help? Advice? Words of Wisdom?