Triumph of the Pessimists

The long history of the stock market suggest it pays to be an optimist – but investors in individual equities have reason to be a little more gloomy

Photo by Kind and Curious

It’s often said that to be a successful investor you need to be inherently optimistic. In other words, you have to believe that whatever crisis we are living through, over the long term the market will prevail and you’ll make money if you’re in it. It’s something I’m hearing a lot on Fintwit right now as markets tank.

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