According to Eric Balchunas, optimism is a more courageous and ultimately more rewarding stance for traders than persistent doom-calling because doomers can claim credit after any pullback while optimists get criticized during drawdowns, source: Eric Balchunas on X, Nov 11, 2025. He stated that this asymmetry turns doomerism into risk-free PR that keeps followers poor, whereas optimism is riskier PR that can make followers rich, underscoring a pro-risk positioning mindset during market pullbacks, source: Eric Balchunas on X, Nov 11, 2025. He also acknowledged that pullbacks happen but argued they should not invalidate an overall optimistic bias for risk assets, framing this as trading psychology guidance for handling volatility, source: Eric Balchunas on X, Nov 11, 2025.