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Ep. 297: Gabriele Oettingen Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Benefits of Positive Thinking

People who positively fantasize, they feel pleasant and feel good at the moment but on the long run these positive fantasies set the energy to actually achieve the desired future. More positively overweight women who had enrolled in a weight reduction program fantasized about reaching a good weight loss. The fewer pounds they lost three months after the intervention one year and two years later. For the more positively university graduates fantasized about an easy and pleasant transfer into work life, the fewer dollars they earned two years later and the fewer job offers they had gotten. So it's about a balance of optimism and pessimism.

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