It is very fashionable to be a skeptic these days. I was first exposed to skepticism through the writings of Nassim Taleb, who talked about the great philosophers Hume and Popper. Popperian skepticism will tell you that you don’t even know if the sun will come up the next morning, because, well, it might not! You don’t
Great piece Jared. What happens when you have faith the sentiment has shifted far to the bullish or euphoric side. Given that shorting organically can be rooted in pessimistic views as you explained and the math is stacked against it, should it be avoided entirely?
"If you look at everything with curiosity, and wonder, and love, and hope, you can overcome a lot of things. And I think that's what people don't realize. It takes a lot of bravery to be optimistic. It's easy to be pessimistic. It's easy to say that things won't work. It's easy to say, 'I'm not going to do that,' because you don't have to muster up the willpower." -Cyan Banister via Nightcrawler newsletter
Excellent take on life and investing. Faith is always positive.
If you’re not a believer this life is as close as you get to Heaven. If you’re a believer this life is as close as you to Hell.
Great piece Jared. What happens when you have faith the sentiment has shifted far to the bullish or euphoric side. Given that shorting organically can be rooted in pessimistic views as you explained and the math is stacked against it, should it be avoided entirely?
"If you look at everything with curiosity, and wonder, and love, and hope, you can overcome a lot of things. And I think that's what people don't realize. It takes a lot of bravery to be optimistic. It's easy to be pessimistic. It's easy to say that things won't work. It's easy to say, 'I'm not going to do that,' because you don't have to muster up the willpower." -Cyan Banister via Nightcrawler newsletter