
Why does pessimism sound so smart?
Morgan Housel: Despite the record of things getting better for most people most of the time, pessimism isn't just more common than optimism, it also sounds smarter. (PDF)
Morgan Housel: Despite the record of things getting better for most people most of the time, pessimism isn't just more common than optimism, it also sounds smarter. (PDF)
The world in 2030 may seem a long way off, but at Capital Group we spend a lot of time thinking about the distant future.