Preserving Optionality: Preparing for the Unknown - Farnam Street

Optionality is a means to an end, not the end itself. Our obsession with optionality can backfire.

It took me a while to fully realize the value of something my company achieved years ago, and continues to savor today. It’s one of our greatest quiet advantages, full stop. It’s not something you hear much about in business circles. In fact, I can’t remember the last time I heard anyone spend much time on the topic, or even bring it up in convers... See more