Brain Food: The Three Lenses of Opportunity Cost
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Brain Food: The Three Lenses of Opportunity Cost
The three lenses of opportunity cost: (1) Compared with what? (2) And then what? (3) At the expense of what?
Brain Food: The Three Lenses of Opportunity Cost
The three lenses of opportunity cost: (1) Compared with what? (2) And then what? (3) At the expense of what?
The three lenses of opportunity cost:
(1) Compared with what?
(2) And then what?
(3) At the expense of what?
Opportunity vs opportunity costs
“A practical definition of opportunity cost:
If you spend too much time working on good things, then you don’t have much time left to work on great things.
Understanding opportunity cost means eliminating good uses of time. And that's what makes it hard.”
If you spend too much time working on good things, then you don’t have much time left to work on great things.
Understanding opportunity cost means eliminating good uses of time. And that's what makes it hard.”