Quote by Chris Rock - Deepstash
Managing Energy

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Managing Energy

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Chris Rock

"Wealth is not about having a lot of money; it’s about having a lot of options.”

CHRIS ROCK

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The tyranny of small decisions

It happens when we make small, rational decisions that end up removing options over time.
Small decisions can lead to bad outcomes. At some point, alternatives disappear, thus we lose our optionality.

1.25K

5.07K reads

Navigating difficult times

When times are hard is when many investors make their fortunes and when entrepreneurs innovate. They have to see the opportunity in chaos.

1.33K

5.82K reads

Having options

We are faced with options all the time, but life-altering ones often come up during times of great change. These options are the ones we have the hardest time capitalizing on.
If we’ve specialized too much, change is a threat, not an opportunity. Thus, if we aren’t certain where the opportunit...

1.31K

5.86K reads

Strength vs. optionality

This is also known as the coach’s dilemma.
Over-specializing in one area is highly limiting, especially if it requires extensive upkeep. Like a football player, we can retain optionality by avoiding overtly damaging risks and ensuring we stay in the game for as long as possible—whatever that g...

1.26K

4.61K reads

A matter of perspective

Optionality can be a matter of perspective.
Preserving optionality means changing our attitudes as our circumstances, but also learning to spot opportunities (and to make them).

1.22K

4.73K reads

Preserving optionality

Preserving optionality

Preserving optionality means avoiding limiting choices or dependencies. It means staying open to opportunities and always having a backup plan.
The more options we have, the better suited we are to deal with unpredictability and uncertainty.

1.61K

12.4K reads

CURATED FROM

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antoniov

"Try not to be a man of success, but a man of value." - Albert Einstein

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