peter lynch has a good quote on people like this:
"Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves."
He is also famous for describing cynisism as needless "noise", or i like as put in Rich Dad poor dad:
"we all know chicken littles running arounds saying the sky is falling".
"Cynics criticize, and winners analyze"
you got to ask youself, do people like them show much analysis, or is it mostly cynisism...
cynisism doesnt make money, there too busy with an arrogant outview, not weighing up all possibilities.
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