Blog: Good News, For a Change
If you’ve been reading or watching the news lately (remember, I recommend against it), you’ve been constantly reminded of all the gloom and doom in the world. To be sure, there are many things that need improvement and resolution in our world, but the media leaves out the good news because most people wouldn’t tune in for it. As they say in the media industry, “If it bleeds, it leads.” Nobody is tuning in to The Weather Channel if they know it’s going to be sunny and dry. They’re tuning in to hear about an impending storm.
But, despite the media’s obsession with bad news, the world keeps advancing and quality of life continues to improve, and most of it is actually measurable. To that end, I invite you to read a few optimistic sources that remind us that there are great things happening in the world today.
Yes, Good News Actually Exists
First is a recent article from Popular Science, “The 50 greatest innovations of 2023.” As the title implies, the article outlines some of the best things happening now that will likely positively impact our future. It lists a lot of exciting and very impressive developments.
Next is a website that I enjoy called Human Progress. The brainchild of author Morgan Housel, Human Progress gives updates of positive developments that are shaping our world. I highly recommend subscribing to Human Progress’s “Doomslayer” (free) email, which comes out every Sunday and lists some of the best developments.
My last suggestion, the measurable part, is “Trends.” Also from Human Progress, it shows trendlines for scores of metrics that affect the world as a whole. This is an easy website to skim or you can choose to read more in-depth articles.
Good News and Investing
I point all of this out not because I’m naïve about the world’s problems. We have many, to be sure. I point it out because investing requires us to have a positive outlook that humankind continues to improve. That’s why we invest in the dynamic companies, because they’re constantly innovating and improving peoples’ lives. After all, as Wharton Professor Adam Grant writes, "Hope is not blind faith that things will get better. It's a realistic belief that things can get better… Hope is an appreciation of possibility."
As always, please feel free to contact me with any questions.
I hope you enjoy the holiday season!
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.
All performance referenced is historical and is no guarantee of future results.
Economic forecasts set forth may not develop as predicted and there can be no guarantee that strategies promoted will be successful.
Investing includes risks, including fluctuating prices and loss of principal.