"When you hold an option and the world moves with you, you enjoy the benefits; when the world moves against you, you are shielded from the bad outcome since you are not obligated to do anything. Optionality is the state of enjoying possibilities without being on the hook to do anything......In contrast, the closing of … Continue reading Optionality & Alpha
Category: lessons
W.A.I.T.: Why Am I Talking?
"In the comments of my newsletter on interviewing and wanting to be a better listener, a reader told me about an acronym people in the coaching world use frequently: WAIT, which stands for “Why Am I Talking?”There’s something about this acronym that is more helpful and hits much harder than my usual “Shut up and listen” mantra.-Austin Kleon, "Why … Continue reading W.A.I.T.: Why Am I Talking?
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