Managed language platforms such as the Java Virtual Machine or the Common Language Runtime rely on a dynamic compiler to achieve high performance. Besides making optimization decisions based on the actual program execution and the underlying hardware platform, a dynamic compiler is also in an ideal position to perform speculative optimizations. However, these tend to increase the compilation costs, because unsuccessful speculations trigger deoptimization and recompilation of the affected parts of the program, wasting previous work. Even though speculative optimizations are widely used, the costs of these optimizations in terms of extra compilation work has not been previously studied. In this paper, we analyze the behavior of the Graal dyna...