Saved by Keely Adler and
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.
David Perell • Peter Thiel’s Religion
Antifragile Planning: Optimizing for Optionality (without Chasing Shiny Objects)
Taylor Pearsontaylorpearson.meAlex Lockey added
In a Harvard commencement speech called The Trouble with Optionality professor Mihir A. Desai defines optionality as “the state of enjoying possibilities without being on the hook to do anything.” With enough optionality, you can always change what you’re doing in order to pursue something better. Desai critiques students for seeing optionality as ... See more
perell.com • Hugging the X-Axis - David Perell
“HOW TO THRIVE IN AN UNKNOWABLE FUTURE? CHOOSE THE PLAN WITH THE MOST OPTIONS. THE BEST PLAN IS THE ONE THAT LETS YOU CHANGE YOUR PLANS.”
Ferriss, Timothy • Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers
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
Adam Little and added
In the language of optionality: having first opened as many options as possible, and secondly, exploited those that are most useful, then, give them away. This order is important. Without a buffer of optionality to protect against shocks in your own life and open up opportunities, you have no ability to take risks.