Excellent point on commitment. I think another big component as well is not challenging assumptions, whatever they are. Assumptions about it being too late, assumptions about overcrowding, assumptions about how much effort it will take, assumptions on capability, and so forth.
The intersection on commitment and assumptions is uncertainty. Most people aren't willing to move forward through uncertainty, and would rather stay in comfortable stagnation.
Brilliant per usual Adam. I think it boils down to the nefarious language of finance being inserted into every facet of life. This article is one of my favorites:The Trouble with Optionality
I love this. I send a lot of your stuff to my teenage kids. I’m not sure if they read it, but I hear persistence is persuasive;) Thanks!
Excellent point on commitment. I think another big component as well is not challenging assumptions, whatever they are. Assumptions about it being too late, assumptions about overcrowding, assumptions about how much effort it will take, assumptions on capability, and so forth.
The intersection on commitment and assumptions is uncertainty. Most people aren't willing to move forward through uncertainty, and would rather stay in comfortable stagnation.
Brilliant per usual Adam. I think it boils down to the nefarious language of finance being inserted into every facet of life. This article is one of my favorites:The Trouble with Optionality
"Optionality is the state of enjoying possibilities without being on the hook to do anything." https://www.thecrimson.com/article/2017/5/25/desai-commencement-ed/