Friday, August 21, 2020

Risk and cost

This is conceptual, but I think it holds true in a lot of ways. Risk vs reward gets talked about, but I think risk vs cost is interesting too.

Risk and cost are pinned to each other in the middle like a see-saw. If the risk goes up, the cost goes down. If the cost goes up, the risk goes down. It's not a perfect see-saw... the line in the middle is floppy. But it's a pretty consistent relationship.

Nobody really knows what "the reward" will be. The reward is in the future, a mere...

Risk and cost


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