[Rightwing Conspiratr1]

Whether one is ridiculously optimistic or pessimistic has zero effect on what will happen.

[cgbg]

Whether one is ridiculously optimistic or pessimistic has zero effect on what will happen.

Exactly correct.

My attitude has always been--do what you can to support the best outcome, and hope for the best but always....

Prepare for the worst.

In my case that meant maximizing taxable income in 2020 so I can minimize it in 2021 (since I had the flexibility to make that move).

[caww]

There’s equally ridiculous a generous number of people summarizing how things should go but haven’t from the get....So it’s anybodies guess what will happen Jan 20th and as much thereafter.

[Kevmo]

Good point. Do you have any inductive insight for those of us who can’t make heads nor tails of this situation?

[Sense]

“Whether one is ridiculously optimistic or pessimistic has zero effect on what will happen.”

That’s NEVER true. Optimists become winners... because they keep trying even when Pessimists are crying they should stop. Pessimists become losers, because they’ve already given up long before even deciding its worth giving it a reasonable try.

Has nothing to do with the current situation... just a fact.

The only time I see pessimists become winners... is when they properly judge an extreme irrational excess in optimism... and go short the market ONLY then, right before a bubble pops. But, irrational exuberance tends to outlive losing bets. The market version is... “the market can remain irrational longer than you can remain solvent”... when betting against it.

Pessimists who succeed in limiting themselves to avoid losing by betting against the winners... eventually turn into optimists... usually right before a market peak.

Trump DOES know how the world works.

You, apparently, do not.

[deadrock]

Whether one is ridiculously optimistic or pessimistic has zero effect on what will happen.

The delusional amongst us can't grasp that notion.