You should have said >unwarranted< negativity is as bad as unwarranted optimism....not just ANY negativity at all. It's just wise investing/living to consider all possibilities. I think it is completely possible that the government/courts will take these two gse's away from us. Why? ....BECAUSE THEY ALREADY HAVE! What we investors never thought was a possibility has become reality!
I've never been short. And I lost a lot of money on the Feb 21st.
Many longs here seem to propose that we need to avoid even thinking negative thoughts about the possible outcomes. For example, you wrote...."No reason to even think about zero... " I've been a full-time investor for 20 years. I've learned that not considering the "unthinkable" can set a person up to lose money. Something to THINK about.
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