4 Quotes Tagged: options
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Ironically, the rhetoric about options frequently describes them as desirable because they put managers and owners in the same financial boat. In reality, the boats are far different. No owner has ever escaped the burden of capital costs, whereas a holder of a fixed-price option bears no capital costs at all. An owner must weigh upside potential against downside risk; an option holder has no downside. In fact, the business project in which you would wish to have an option frequently is a project in which you would reject ownership.
The paradox of choice: the more options we're given, the less satisfied we become with whatever we choose, because we're aware of all the other options we're potentially forfeiting. ...Pursuing a breadth of experience denies us the opportunity to experience the rewards of depth of experience. ...commitment, in its own way, offers a wealth of opportunity and experiences that would otherwise never be available to me, no matter where I went or what I did. When you're pursuing a wide breadth of experience, there are diminishing returns to each new adventure.