Posts

Showing posts from September, 2020

Finding the balance between optimism and pessimism

Sometimes I enjoy flipping my notebooks to read some quotes I registered from different authors or articles; today, I stumbled against an article quoting Morgan Housel , a columnist at Wall Street and an author as far as I know. I never had the chance to read anything for him though. The quotes were about finding the balance between optimism and pessimism; I guess it is the perfect timing for my Lebanese peers to read this out; here you go: "Optimism is usually defined as a belief that things will go well. But that's incomplete. Sensible optimism is a belief that the odds are in your favour, and over time things will balance out to a good outcome even if what happens in between is filled with misery. And in fact, you know it will be filled with misery. You can be optimistic that the long-term growth trajectory is up and to the right, but equally sure that the road between now and then is filled with landmines, and always will be. Those two things are not mutually exclusive.&qu