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Good Things Taken Too Far

Taking The Opposite View

  • In the field of investing, Contrarians take the opposite view, akin to cynicism, and think of the collective mainstream view as a kind of mass delusion.
  • Occasionally, a contrary view is welcome, but if it is done every time, then the good times when one has to simply ride the wave are missed, leading to bitterness.

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Good Things Taken Too Far

Good Things Taken Too Far

https://www.collaborativefund.com/blog/good-things-taken-too-far/

collaborativefund.com

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Key Ideas

Too Much Of A Good Thing

Good and effective things are helpful at one level but when taken too far, can be destructive.

In 1946, Sir Alexander Fleming, a renowned microbiologist, stated that antibiotics (like penicillin) were so effective that it will be abused by the masses, resulting in bacteria mutating and becoming drug-resistant. His prophecy came true, and this new, mutated bacteria is a reality.

Taking The Opposite View

  • In the field of investing, Contrarians take the opposite view, akin to cynicism, and think of the collective mainstream view as a kind of mass delusion.
  • Occasionally, a contrary view is welcome, but if it is done every time, then the good times when one has to simply ride the wave are missed, leading to bitterness.

Balancing Optimism

  • A positive attitude has the power to change our thinking and facilitate good things in our lives. Optimism surely beats pessimism as a worldview, when one has to pick a side.
  • Too much optimism turns into a delusion and eventually complacency. One starts getting out of touch with reality and lives in the mode of denial.

Being Open-Minded

  • As truth is complicated in this day and age, being open-minded takes us out of the bubble we develop around us, based out of our good and bad life experiences.
  • Being too open-minded robs us of our basic checks and balances, making us get lost in a rabbit hole full of contradictions.

One has to take a firm stand on their views to make concrete decisions.

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