3min chapter

The Joe Walker Podcast cover image

The Race That Stopped The Nation — Richard Holden & Steven Hamilton

The Joe Walker Podcast

CHAPTER

The Value of Options

An option is a financial instrument that says, I have the right to buy or sell. The key thing is it gives you flexibility. And very often, in a world of great uncertainty, options tend to become much more valuable. In contravention of this principle, Australian government picked AstraZeneca over Johnson and Johnson for vaccines.

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