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What he means is something different from denial, or evasion, irrational exuberance or excess optimism.
Health club memberships offer a particularly clear case study, probably because they offer two opportunities for excess optimism.
"Every once in a while, people go through a period of excess optimism and then go through a period of excess pessimism," he said.
Sorry.In this section Excess optimism The buck doesn't stop here About time Clean slate Awful weather we're having The eagle circles Step by step Growing apart Correction: credit derivatives Reprints Related items Credit derivatives: Russian dollSep 23rd 2004.
Even those who would quit the EU are guilty of excess optimism along with excess gloom: Eurosceptics cling to the rash belief that Britain could secure free-rider access to EU markets by walking out.If the British are obsessed with society's unfairness, that is because they want it fixed a finer ambition than clinging, fatalistically and cynically, to a crumbling status quo.
Only excess optimism or a gargantuan, unexpected economic problem can derail bull markets.
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Mr. Palocci, a medical doctor who has led policymaking so far, warned Brazilians this week against "an excess of optimism".
That might reflect an excess of optimism, but emerging-market banks are big by other measures too.
An excess of optimism during the negotiation process appeared to keep House Speaker Paul Ryan and other leaders from getting buy-in from reluctant members.
In the belief that victory had already been won, he set out for Sicily, having in an excess of optimism divided its lands among his followers.
Accordingly, you may note an excess of optimism when Richard Lockshin states that: You apply the logic of science (hopefully) every day in your life.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com