← Principles

Price

Hedging isn't free.

Options are valuable, but this value is often priced in.

We can't climb the corporate ladder without enduring useless meetings, or benefit from regulations without wading through waist-deep bureaucracy.

Bullshit is the cost of admission.

But how much is too much?

When have we gone too far, and put ourselves at risk of getting trapped?

We understand the importance of fundamental skills, but what about ethics? How do we play the game without losing ourselves?

By playing a higher-order game, first and foremost.

Humans have been trying to understand this game for centuries, with varying outcomes. Here's a starting point.