A Quote by Edward C. Prescott

Sometimes pessimism or optimism gets popular, and it's contagious.

Edward C. Prescott

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Contagious Gets Optimism Pessimism Popular Sometimes

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Edward C. Prescott
American - Economist
Born: December 26, 1940

Some people argue against both optimism and pessimism in favor of so-called realistic thinking. They distrust optimism on the grounds that it causes us to sugercoat problems, discount risks, and exaggerate the upside. Pessimism, on the other hand, is criticized as too downbeat, de-energizing, and generally damaging in its impact. This crown prefers realism as the neutral and objective middle ground.

Price Pritchett

Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.

John Templeton

There's probably a little greater case for pessimism than optimism. But I do not rule out optimism.

Jim Leach

Optimism may sometimes be delusional, but pessimism is always delusional.

Alan Cohen

Science fiction always has had strains of pessimism and optimism weaving through its historical development, sometimes one dominating and then the other, usually depending on the state of the world.

James Gunn

Nietzsche inveighs against every sort of historical optimism; but he energetically repudiates the ordinary pessimism, which is the result of degenerate or enfeebled instincts of decadence. He preaches with youthful enthusiasm the triumph of a tragic culture, introduced by an intrepid rising generation, in which the spirit of ancient Greece might be born again. He rejects the pessimism of Schopenhauer, for he already abhors all renunciation; but he seeks a pessimism of healthiness, one derived from strength, from exuberant power, and he believes he has found it in the Greeks.

Georg Brandes

Both hope and pessimism are deeply contagious. And no one is more infectious than a leader.

John Ortberg

Faith and optimism are contagious.

Thom S. Rainer

Pessimism of the spirit; optimism of the will.

Antonio Gramsci

In optimism there is magic. In pessimism there is nothing.

Esther Hicks

Pessimism leads to weakness, optimism to power.

William James

I have about an equal amount of optimism and pessimism.

Carey Price

Pessimism, when you get used to it, is just as agreeable as optimism.

Arnold Bennett

I'm a pessimist. But I think I'd describe my pessimism as broken-hearted optimism.

Ellen Ullman

The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.

Warren Buffett

The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.

Warren Buffett

A Quote by Edward C. Prescott

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