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Pittsburg, Kansas | There is a difference between pessimism, optimism and realism.
Realism tries to look at things as they are. Not as we wish them to be.
Optimism and pessimism are measures of irrationality on either side of realism.
I'm an eternal optimist. Just the way I am.
But reality forces me to look at and consider things I would rather not have too.
If you think I am a pessimist, you have evaluated me entirely wrong.
I'm going to come out of whatever the future holds in fine shape. That is the optimist in me. The realists says logic tells me that may or may not work out. Shift happens.
Hey, it's the optimist in me that causes us to be planting corn and beans this year, not a pessimist. It is the optimist that has me completely unpriced on all of 2017 production and about a fourth of 2016, not a pessimist. Being an optimist does not mean it is a bad thing to consider what could go wrong.
John
Edited by John Burns 2/12/2017 13:31
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Jim Rogers and his macro outlook
