Eugene Ng's avatar
$18.5m follower assets
Pessimism can result in playing too safe, solving for negative tail risks, instead eliminating upside optionality.

Optimism always wins in the long-term.

It is about what can go very right in the case of blue sky scenarios of highly asymmetric and non-linear positive outcomes.
Jon Bond's avatar
as we used to say - it never pays to be bearish!!!!