Bad code isn’t technical debt, it’s an unhedged call option

The article challenges the common notion of 'technical debt' by suggesting that bad code is more akin to an unhedged call option than a traditional debt. Compared to a call option, bad code carries unpredictable future risks that may result in significant losses if not managed properly. The metaphor is encouraged as a way to understand the immediate gains and potentially disastrous future costs associated with neglecting proper coding practices in software development.

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