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You just wanted to say "asymmetric".
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Tried to buy some SFRs in the midwest recently, turns out everybody else does too, kept getting outbid by $25-$50k. Finally got one under contract at a price we thought was good, turns out it needed ~18k more in repairs than we'd hoped. Not really epic, but that's where I wanted to put my money.
This is literally the worst time to buy there is so much froth
When we started looking it wasn't as bad (~12 months ago), but we stopped because of the froth.
Eh, I guess I could look back and describe several career moves I made as "professional asymmetric bets", but really, that is just describing it ex post that way for the fun of it. At the time, just was the best (or only) decision I could make at the time.
I think for the "professional" category, any time you take any form of "non-standard" career track or do a "niche" track/field/asset type/etc. you are essentially making a form of asymmetric bet (same could be said making similar financial bet on some of these assets). So, those who stop worrying about "piegonholing" are essentially taking an asymmetric bet vs. those who fight to lateral to a more standard shop/role.
Again, this is all easier to see after the fact, at the point of decision, I am not sure it really feels like "taking an asymmetric bet", it probably feels pretty damn risky.
sounds like one of these weird fit questions HRs ask
I don't think you understand what asymmetry really means my guy...
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