Trade-offs—100 Mental Models #097 👽
Why sacrifice matters…
1 min readAug 29, 2019
Trade-offs: A situation where you lose something in order to gain something else.
Example:
If you buy $1,000,000 worth of stock in Google, you gain a high expected rate of return, but lose the safety of having your money in bonds or the bank.
Wisdom:
“I think it’s a false trade-off to say quality time versus quantity — you have to have both.” — Hillary Clinton
