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The answer depends on the risk profile of your situation. If you are the military then you have much more to lose from something random and unexpected than to g
by hargup 5y ago
The answer depends on the risk profile of your situation. If you are the military then you have much more to lose from something random and unexpected than to gain from it. So it makes sense to eliminate the quadrant IV.
If you are in a different situation, say a student or an early career employee, the upside of Quadrant I and II are probably known and limited. Though Quadrant IV can potentially bring in large unknown gains. Example, minting bitcoins in 2010 was unimportant and non urgent activity, those who did this activity gained a ton.
- xyzzy4 5y ago
- lostmsu 5y ago> Example, minting bitcoins in 2010 was unimportant and non urgent activity, those who did this activity gained a ton. This take completely ignores time as dimension. It is incorrect to think minting bitcoins in 2010 was unimportant. In retrospective it was very important.
- atoav 5y agoEverything could have been potentially important in hindsight. Back in the day nobody knew that bitcoin would become an object of speculation. I recall paying for coffea with bitcoin and the payment took 30 minutes despite higher transaction fee than paypal. In this metric bitcoin still is worthless today.
- lostmsu 5y agoThe point is that quadrants are moot because you might not really know what belongs to which quadrant - only make guesses.