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  • bee February 2021
Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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beebee
edited February 2021 in Other Investing
Good weekly conversation with Josh Brown and Micheal Batnick:


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  • beebee
    edited February 2021




    Seduction of Pessimism (By Morgan Housel):
    Pessimism is intellectually seductive in a way optimism only wishes it could be.

    Tell someone that everything will be great and they’re likely to either shrug you off or offer a skeptical eye. Tell someone they’re in danger and you have their undivided attention.

    Hearing that the world is going to hell is more interesting than forecasting that things will gradually get better over time, even if the latter is accurate for most people most of the time. Pessimism can be hard to distinguish from critical thinking and is often taken more seriously than optimism, which can be hard to distinguish from salesmanship and aloofness.
    the-seduction-of-pessimism/
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