Permabears

Generali

http://fundreference.com/articles/2015/1000555/the-clowns-of-wall-street/

The 2008 recession drove a number of companies out of business, but it was a boon to a very specific corner of the financial media. The meltdown empowered the perma-bears who make a living scaring investors into sub-optimal asset allocation strategies recommended by their $49.99 monthly newsletter. Armed with marketing materials celebrating their brilliant recession calls, this group has spent the better part of the decade since terrorizing gullible and risk-averse investors with more recession predictions.

I also liked this quote from Barry Ritholtz:

3 simple rules will explain 99% of human behavior
1: Most people don’t think. 2: Some people are jerks. 3: Everyone is selling something.

mwpt

Heh. The thing is, one of these days, on them them will be correct, by chance of course.

cells

most people don't seem to accept or think that our brains are just an organ. It is capable of some degree of reprogramming and learning but a lot of it is unchangeable and its what it is since you were born

I think the "bears" have a certain type of mind which is a combination of risk aversion and also decision aversion. Continuing on as you are is the easiest course of action for them and thats what they take

Of course there is also group think and confirmation bias at play. If you surround yourself with group A you will act and think like group A