Why a Bullish Mindset Pays Off: Optimism in Markets and Life

I try to maintain a fairly optimistic mindset. I consider this to be a moral obligation, given that optimism and pessimism both tend to be self-fulfilling prophecies.

Ironically one of the few things that makes me cynical is observing the cynicism of others. I’m certainly not above complaining but in the sober light of day I can acknowledge how superficial most of my complaints are. The average Canadian enjoys a standard of living that would make 19th century kings and queens envious. Even in a worst-case scenario, I will still be sheltered, food secure, and (barring some severe missteps in my personal life) loved.

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