optionality

[Guest cherzeca]

good idea in finance, not necessarily a good idea in life: 

 

https://www.thecrimson.com/article/2017/5/25/desai-commencement-ed/#.X-YdFhSkjmk.twitter

 

I have always thought that sometimes you need to strike the iron when (you think) the fire is hot (or hot enough), and not wait for that more opportune moment which may never come.  this article is the first I have come across that speaks to this

[rranjan]

good idea in finance, not necessarily a good idea in life: 

 

https://www.thecrimson.com/article/2017/5/25/desai-commencement-ed/#.X-YdFhSkjmk.twitter

 

I have always thought that sometimes you need to strike the iron when (you think) the fire is hot (or hot enough), and not wait for that more opportune moment which may never come.  this article is the first I have come across that speaks to this

 

Agree here.

 

Building a resume for 15 years so that you can do so and so ....

 

A better idea will be to start doing whatever you want to do. Sure, you can't start writing full-time poetry when you have 5 kids to feed, but plenty of people unnecessarily keep building their resume for doing something in the future rather simply start doing what they want to do.

[james22]

Nice article, thanks.

 

Creating optionality and buying lottery tickets are not way stations on the road to pursuing your dreamy outcomes. They are dangerous diversions that will change you.

 

Po Bronson in What Should I Do With My Life talks about being changed:

 

https://books.google.com/books?id=eb6HEs6Gm1MC&pg=PT220&lpg=PT220&dq=%22Why+not+get+rich,+then+do+your+dream?+When+I+started+this+book,+I+assumed+I%27d+find+numerous+examples+of+that+path.%22&source=bl&ots=RTr1CJnCOI&sig=ACfU3U0JUieCJhLhlBeJJRjagb24K9KKcw&hl=en&sa=X&ved=2ahUKEwi_97iO_-ztAhUHi6wKHYKuDIwQ6AEwAXoECAEQAg#v=onepage&q=%22Why%20not%20get%20rich%2C%20then%20do%20your%20dream%3F%20When%20I%20started%20this%20book%2C%20I%20assumed%20I'd%20find%20numerous%20examples%20of%20that%20path.%22&f=false