> What we call technical debt is really best analogous to an uncovered short sale Steve Freeman famously described it as an unhedged call option: https://jaxe

> What we call technical debt is really best analogous to an uncovered short sale Steve Freeman famously described it as an unhedged call option: https://jaxenter.com/bad-code-isnt-technical-debt-103059.html https://jaxenter.com/bad-code-isnt-technical-debt-103059.htm... The key difference between a short position and a call option is that the former is linear, whereas the latter is not: if things let a little bit worse, a short will lose a little bit of money, whereas a call will cost nothing, but if things get a lot worse, a short will lose a lot of money, and a call may lose an enormous amount of money. Someone who actually works at some dodgy trading company argued that some kinds of debt are like options, and some are like debt - and so potentially, some are like shorts: http://blog.jayfields.com/2011/03/types-of-technical-debt.html http://blog.jayfields.com/2011/03/types-of-technical-debt.ht... So now we just need to calculate our technical debt portfolio's delta, beta, vega, theta, rho ...