3 ms·
> But [pessimism] promotes inaction. I don't know if there's evidence, but I find the point interesting because the idea occurred to me independently when I re
by EarthLaunch 3y ago
> But [pessimism] promotes inaction.
I don't know if there's evidence, but I find the point interesting because the idea occurred to me independently when I read this in the paper:
> Unrealistically optimistic financial expectations [...] can lead to excessive business entries and subsequent failures, as optimists overestimate the financial returns from entrepreneurship (de Meza et al., 2019)
I thought: Do pessimists overestimate the financial returns from a regular job?
It seems in many ways to be about whether/what risks are worth taking.