3 ms·
1.4B are surviving on the resources at the moment so it's not that bad. You can always find a reason to be negative about the future. However that is a poor min
by rapsey 4y ago
1.4B are surviving on the resources at the moment so it's not that bad. You can always find a reason to be negative about the future. However that is a poor mindset for investing. "Pessimists sound smart, optimists make money" is a popular saying.
- piva00 4y agoI would rather rephrase that to "Pessimists sound smart, opportunists make money". It's not about optimism, it's about how you can make money until issues bite, and then how to divest to avoid the consequences... Actually now it makes into a very fitting and tragic parabole to what something like investing in the oil industry looks like :)