Pessimists Make More Money, Optimists Still Optimistic On Outlook

from the such-is-life dept

Here’s one for all of you pessimists out there. It turns out that pessimists tend to make more money gambling or investing in the stock market (is there a difference?). This isn’t really that surprising, because the real story is that everyone loses money – it’s just that the pessimists tend to limit their losses, while the optimists believe that they’re about to turn things around. Still, it seems that some optimists quoted in the article (as is their nature) aren’t ready to throw in the towel, while even the pessimists seem less than thrilled about their lot in life as winners at the gambling table. In the end, it seems that no one wins, except the skeptics who are neither optimists nor pessimists, but don’t believe a damn thing.


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