The Ninth Major Zurich Axiom: On Optimism versus Confidence

By John Sage Melbourne

Optimism suggests anticipating the very best,however confidence suggests knowing how you will handle the worst. Never make a move if you are simply positive.

Taking decisions based on optimism that is in turn not based on understanding and insight to the truths is a dangerous state of mind. Optimism can be dangerous due to the fact that it feels great.

Knowing how you will handle the worst provides you confidence. When you are feeling positive,try to judge if this is based upon the truths. At least 50% of the time it is not.

That being said,you absolutely require optimism to sustain your forward momentum. Someone who is mostly pessimistic will discover it hard to state yes to chances and even enjoy their property development journey. Stay positive about your endeavors,however when it comes to decision time,make sure that it’s confidence based upon truths that’s the ultimate decider.

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Speculative technique

Never enter a venture based entirely on optimism. Before entering a venture calculate how to leave if things go incorrect. Seek confidence over optimism.

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