Episode 30 : The Seduction of Pessimism

Ed’s Edge – Season 4, Episode 30

Have you ever heard from someone that everything will be great in the world and not to worry?

Be honest…are you likely to either shrug them off or offer a skeptical eye? Conversely, hearing you are in danger and that person has your undivided attention. These natural tendencies stem back to thousands of years ago in how we operate as human beings. When we use this behavior with our investing decisions, we are playing with fire. In this podcast episode, we discuss exactly why we are “seduced” by pessimistic news and how you can separate facts in the market from your own feelings.

Ed’s Food for Thought

Grocery List

• 1/2 lb of thin sliced prosciutto ham
• 1 jar of sun dried-tomatoes
• 1/2 stick of butter
• 2 small containers of heavy whipping cream (each is ½ pint)
• 1 lb box of penne pasta
• 1 package/container of fresh Parmesan cheese
• 1 onion

Ingredients

• Sliced prosciutto ham
• Sun dried tomatoes cut in small pieces
• 1/2 stick of butter
• 1.5 cup of heaving whipping cream
• 1 lb of cooked penne pasta
• 3/4 cup Parmesan cheese
• Medium onion diced up

Preparation

1. Cook pasta and place in large bowl.
2. Melt butter in saucepan over medium heat, toss in onions when butter is almost melted. Cook onions until soft.
3. Mix in prosciutto ham when onions are soft, sauté until ham is cooked through.
4. Mix In sun-dried tomatoes and sauté all together over low heat for 2-3 minutes.
5. Pour in heavy whipping cream and cook on low until heated through (less than 5 minutes).
6. Pour entire sauce over cooked noodles.
7. Lastly, sprinkle Parmesan cheese over dish and mix through. Enjoy!