The Most Important and Most Misunderstood Concept in Business - Opportunity Cost
10xLogistics
APRIL 3, 2024
The concept of NPV (Net Present Value) tries to get at this. Time, of course, is your most valuable resource and that is completely fungible. Many of you know I served in the military and we called this the " Principle of The Concentration of Forces". Theoretically, any project with a positive NPV should be funded.
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