The optimist's guide to investing

Having written extensively of the threats to your portfolio over the past few years, John Addis turns optimist, arguing things aren’t as bad as they seem.

If by some miracle I had won Olympic gold, on telling my long-departed grandmother of my victory her response would have been something like, ‘You’ll either lose it or someone will nick it.’

Whilst not disparaging the fearful instincts of my grandmother, this does point toward the default mindset of the species. Humans excel at lingering on the worst possible outcome, especially after the worst has just happened.


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