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253: Patrick Boyle - Lessons from Financial History and False Expectations in the Markets

Chat With Traders

CHAPTER

The Most Optimistic People in Markets

optimistic people are drawn to markets, you know, like kind of real pessimists would never own a stock. So the most optimistic, the dreamers kind of buy stocks, you know? And so then when that goes well, those are the people who get carried away. I think that's even the, that's sort of where a lot of kind of con men and charlatans step in. If you feel your likely return is significantly higher than anyone has ever achieved in the past, you might be right.

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