📝Architecture as financial options

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Hohpe₂₀₁₇

Investing in architecture can be viewed as selling financial options—it gives the right, but not the obligation to buy a stock on a future date for a set price.

Option is a way to defer the buying decision to a later point in time while locking a key parameter (e.g., price).

In the same way, you invest in architecture, so you can change your mind about some feature later, at a known cost.