Tag: Stockdale Paradox

Confronting Your Financial Reality is the First Step to Improving It

There’s no difference between a pessimist who says, ‘Oh, it’s hopeless, so don’t bother doing anything,” and an optimist who says, “Don’t bother doing anything, it’s going to turn out fine anyway.”  Either way nothing happens. -Yvon Choiuinard, rock climber, environmentalist, and founder of the outdoor clothing company Patagonia     Admiral James Stockdale was the…