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by sanderjd
1 day ago
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No, optionality very literally has value. If I buy an option to purchase some commodities at some price, and the market moves against me, I lose the price of the option. By your logic here, the thought should be "buying the option was wrong, because it didn't go my way and I lost the price of the option". But it's often the case that actually buying that option was a good move. The kind of optionality I'm talking about in software projects is not so clean to account as the financial instrument, but it has real value in just the same way. |
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