Trade-offs -Mental Model 097
Why Sacrifice Matters
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