In this episode, we explore the concept of optionality—how small, strategic decisions can lead to outsized rewards with limited downside risk. From ancient philosophy to modern financial strategies, discover how recognizing and seizing options can unlock opportunities in both life and investing.
Topics covered include:
How call and put options work
The difference between American and European style options and why it matters
Why options are positively skewed
Examples of using optionality in business and life
Why it can be challenging to commit when an option is "in the money"
