Q: What has a value, an expiry condition and if you choose to exercise it early you must know why?
A: A Real Option of course!
“Commitment”, the long awaited book on Real Options, is out!
Congratulations to Olav Maassen, Chris Matts and Chris Geary on their graphic novel. It’s a marvellous work of art, knowledge and storytelling! It’s great to see the theory explained in such an engaging, lucid, succinct and fun way.
The most impressive 2 things of all about the book (and there are so many), is the rate of information transmitted by the authors and the amount of information recalled by the reader long after they’ve reached the end of the tale.
“Commitment” is a great example of the saying, “A picture is worth a thousand words”. Never have I read a book that gives the reader so much useful information at a glance and sticks in the mind and can be applied immediately.
So what’s reading “Commitment” worth to you? You can wait to borrow a friend’s copy or buy your own (it’s also available as a Kindle version). The quicker you learn about Real Options, the earlier you can apply it at work and at home, the better you’ll be at handling uncertainty to achieve better outcomes.
Happy decision making!