There's a lot of momentum buying, and with the thought that new highs are likely, there is continued optimism, the one thing about this market and its long rally is as it's done well, it's dragged more believers into it, and it's sort of self-fulfilling. ![]() This is usually referred to in psychology as dispositional optimism. The word is originally derived from the Latin optimum, meaning "best." Being optimistic, in the typical sense of the word, ultimately means one expects the best possible outcome from any given situation. A common idiom used to illustrate optimism versus pessimism is a glass with water at the halfway point, where the optimist is said to see the glass as half full, but the pessimist sees the glass as half empty. This understanding, although criticized by counter views such as pessimism, idealism and realism, leads to a state of mind that believes everything is as it should be, and that the future will be as well. The more broad concept of optimism is the understanding that all of nature, past, present and future, operates by laws of optimization along the lines of Hamilton's principle of optimization in the realm of physics. The concept is typically extended to include the attitude of hope for future conditions unfolding as optimal as well. Optimism is a mental attitude or world view that interprets situations and events as being best, meaning that in some way for factors that may not be fully comprehended, the present moment is in an optimum state. Optimism may also be linked to health.įreebase Rate this definition: 5.0 / 2 votes It is also influenced by environmental factors, including family environment, with some suggesting it can be learned. Variation in optimism and pessimism is somewhat heritable and reflects biological trait systems to some degree. Methods to measure optimism have been developed within both of these theoretical approaches, such as various forms of the Life Orientation Test for the original dispositional definition of optimism and the Attributional Style Questionnaire designed to test optimism in terms of explanatory style. For this reason, it is seen as a trait that fosters resilience in the face of stress.Theories of optimism include dispositional models and models of explanatory style. It thus reflects a belief that future conditions will work out for the best. Being optimistic, in the typical sense of the word, is defined as expecting the best possible outcome from any given situation. ![]() The term derives from the Latin optimum, meaning "best". A common idiom used to illustrate optimism versus pessimism is a glass filled with water to the halfway point: an optimist is said to see the glass as half full, while a pessimist sees the glass as half empty. Optimism is an attitude reflecting a belief or hope that the outcome of some specific endeavor, or outcomes in general, will be positive, favorable, and desirable. Wikipedia Rate this definition: 0.0 / 0 votes
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