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Optionality is for Innumerate Cowards
Many young people default to tracked behaviors where they choose the safer, consensus “next step” over and over again They keep pushing decisions further out into the future, then get into their mid-30s and have no idea how they ended up where they are. Society must also encourage people to be “spikey” instead of only encouraging people t
... See morePatrick O'Shaughnessy • Invest Like the Best with Patrick O'Shaughnessy on Apple Podcasts
Optionality is a means to an end, not the end itself. Our obsession with optionality can backfire.
David Perell • Peter Thiel’s Religion
Harvard professor Mihir Desai worries that the language of finance has polluted life. He condemns the modern, finance-fueled affair with optionality. Rather than taking risks or working on important projects, students acquire options.
David Perell • Peter Thiel’s Religion
so deeply uncomfortable saying, “I don’t know” or “it depends,” especially in finance.