six
@six
Been thinking about “pessimists sound smart optimists make money” Basically the same meme as bell curve. I think “make money” can also be replaced with “achieve desired outcome” whether financial or otherwise. And sound smart has to do with desiring status.
7 replies
4 recasts
40 reactions
six
@six
I don’t think pessimism is rooted in a desire for status. But the desire to sound smart is rooted in a desire for status.
1 reply
2 recasts
20 reactions
keccers
@keccers.eth
I thought the saying was Pessimists are RIGHT… optimists make money
1 reply
0 recast
1 reaction
ted (not lasso)
@ted
if the world has taught me anything, it’s smart =/= money and money =/= smart
0 reply
0 recast
2 reactions
nicholas 🧨
@nicholas
i think sounding smart is critical reading with public outputs. the issue is that critical reading from any one perspective is maladaptive in this speculative environment where max EV can be extracted from set of bets that do not synthesize to a single coherent thesis. if your measure of accuracy is whether the agent made money, then expressing a value judgment opinion on socials is negative EV — it only exposes that you didn't invest in something — and provides no actual reputational upside except "i told you so" if ever said tendency experiences a decline in value or perceived reputation. thus the sounding smart overthinkoor poster primarily accumulates value through habitual attention of acolytes to a subjective perspective (partisans of a worldview) and never through direct investment. social media encourages us to compare apples to oranges. no one coherent subjective worldview could be used to extrapolate takes across full spectrum of opportunity for max ev. each actor has unique goals.
0 reply
0 recast
0 reaction
matthewb.eth
@matthewb
delusional bulls always win in the long run
0 reply
0 recast
0 reaction
CasterBites
@casterbites
Congratulations! Your cast has been curated by @femmie and featured on https://casterbites.com Remember, any Farcaster user can send and vote for the best casts of the day
0 reply
0 recast
0 reaction
FeMMie 🧪💨
@femmie
optimism as a driver of action vs pessimism chasing status. definitely aligns with the bell curve meme vibes
0 reply
0 recast
0 reaction
