Optimism watch: The case for maximum pessimism
Is the stock market getting you down? I’m starting an “Optimism watch” on this blog.
In “Optimism watch” posts, I’ll highlight the case that other writers make for you and your clients to hang in there.
Let’s start with a quote from “Nowhere to Hide: Foreign Funds are Falling, Too,” from Morningstar’s Bridget Hughes.
…before you fall into deep despair, I’d remind you that the late Sir John Templeton made a highly successful career investing where he saw “maximum pessimism.” We’ve been here before. Markets are cyclical. Keeping a truly long-term perspective (10 years or more) can be liberating, and you may realize this is a time to add to your holdings.
Related posts on the Investment Writing blog:
- “Cheer up your clients with views of Dallas Fed authors”
- “Can you help your clients to control their fears?”