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Personally I like to think about this in terms of the reward asymmetry. In most situations if you’re cynical or pessimistic and you turn out to be right, you do
by frontfor 1y ago
Personally I like to think about this in terms of the reward asymmetry. In most situations if you’re cynical or pessimistic and you turn out to be right, you don’t really gain much. If you’re an optimist, and keep betting or grinding sensibly, you’ll eventually be right and there’s much to gain potentially.