But what do I mean by being cynical? When you’re conversing with someone, it often easy to detect the frame through which they view the world and the interaction with you. Cynics think that the world is never changing on a fundamental level, but it only changes cosmetically, and superficially. Cynics may look at some new trend and call it “lipstick on a pig”. According to cynics, the world operates in a certain way, the elites are always the same, and will always be the same. The cynics think we are always playing the same game that has always been played. For example, a cynic may think that media’s only purpose is to sells your attention to advertisers - like I did here. And often they might be right.
What is wrong with that. I would rather be a cynic and have the correct framing of the world than be too optimistic and deluded. Success at investing for example requires looking at things objectively.