Defensive Pessimism


I often describe myself as an optimistic pessimist; I guess it’s really defensive pessimism at work.

But still, I like the ring of optimistic pessimist better.  When you plan for the worst, things will almost never go that badly—there’s no shortage of potential upside.  What better source for optimism?  And if things do go south at least you’re well prepared—and that’s very good news, too.

 

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