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Volatility Laundering: How to Tell if Your Non-Traditional Career is Actually Working

optimaloutliers.com · 606 words · saved by 2 readers

In my last post about career liquidity, I talked about how careers differ in how easily their value can be assessed and traded in the market - much like financial assets.

In my last post about career liquidity, I talked about how careers differ in how easily their value can be assessed and traded in the market - much like financial assets. I argued that illiquid paths might have higher expected return and might be a good fit for some people, provided you're willing to manage the psychological and financial uncertainty and willing to be proactive about managing your career. It's important to note however that uncertainty itself doesn't produce upside. Unconventional paths can accelerate skill acquisition and enable opportunistic bets that institutional…

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