TSXV:WMG.H - Post by User
Post by
Bigrig16on Sep 12, 2022 12:09pm
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Post# 34956853
Pessimism
Pessimism A quote by author Morgan Housel
Assuming that something ugly will stay ugly is an easy forecast to make.
And it's persuasive, because it doesn't require imagining the world changing.
But problems correct and people adapt.
Threats incentivize solutions in equal magnitude.
That's a common plot of economic history that is too easily forgotten by pessimists who forecast in straight lines.