Quote of the Day
A pessimist is a person who has had to listen to too many optimists.
Optimists are usually wrong. But all the great change in history, positive change, was done by optimists.
As a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.
Let optimists rule the world.
Traditionalists are pessimists about the future and optimists about the past.
If there's one thing that makes me cynical, it's optimists. They are just far too cynical about cynicism. If only they could see that cynics can be happy, constructive, even fun to hang out with, they might learn a thing or two.
Some people would say comedy draws from some dark places, from your dark stuff. Life's great optimists aren't necessarily the funniest people.
As Americans, we have traditionally been the optimists sporting the 'can-do' attitude. But when it comes to addressing climate adaptation and resiliency, we seem to be more 'can't do' than 'can-do.'
I've been thinking about disowning some of my genes lately. I have a few healthy, happy, long-living optimists in my family tree - most of them fans of Christian Science founder Mary Baker Eddy, a major champion of positive thinking. But I've got plenty of ancestors who played out more tortured hands.
Leaders need to be optimists. Their vision is beyond the present.
Stick with the optimists. It's going to be tough enough even if they're right.
As discomfiting as it is to both market optimists and policy activists, a certain amount of instability is inherent to the economy.
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