Why does pessimism sound so smart?
March 20, 2016 by Dave
Filed under Investing, Investor Behaviour, Recommended reading
I came across this terrific article that talks about several reasons why the press, politicians and most everyone else tends to treat optimists like reckless cheerleaders and pessimists as intellectually captivating. In Matt Ridley’s book “The Rational Optimist” he wrote: If you say the world has been getting better you may get away with being called […]