4 ms·
Nice read but the use of latent risk to explain his choices (both in tech stack and career) could just as easily (if not more appropriately) be explained throug
by ak39 8y ago
Nice read but the use of latent risk to explain his choices (both in tech stack and career) could just as easily (if not more appropriately) be explained through opportunity costs and trade offs.
- chubot 8y agoI don't follow. You can imagine that you have two offers: one job pays $80K/year and one pays $100K/year. Then by taking the first job, there is an opportunity cost of $20K/year, because you can only have one job at a time, and you had a "better" offer. But there could be a different latent risk in the 2 jobs. So using that model leads you to evaluate the two opportunities differently. You need another concept to explain the choice; opportunity cost alone doesn't do it.