My late wife told me long ago, ‘fantasy is always better than reality’, and ‘the longer the explanation the bigger the lie’, and she was right. I learned a lot from my wife, and many others over the decades, without having to go to Harvard or Yale.
parts:
“Phantasy is the mental expression of both libidinal and aggressive impulses and also of defense mechanisms against those impulses. Much of the therapeutic activity of psychoanalysis can be described as an attempt to convert unconscious phantasy into conscious thought.”
“Fantasy, is the faculty or activity of imagining things, especially things that are impossible or improbable.”
Comment:
Like me and many others, “I KNOW this XYZ mining stock will skyrocket” But lets face it, we have an educated guess because we know the Fed and US economy is bankrupt and some day Gold should skyrocket because of gov’t or Fed banker loss of ability to bash Gold, which seems to be a slowly evolving obvious trend.
Other subconscious gamblers desires to lose…
Landlord: “I know for sure this will be a very good tenant will he and pay the rent”.
Drinker: “I’ll buy that great looking younger girl a drink, and she’ll fall in lust with me”.
Captain Titanic: “We are making good time, and will get to NYC in record breaking time”
Home Loan Borrower: “I know this is a big loan, but both of us have very good jobs”.
Home buyer flipper: “The seller is an idiot, this house is a steal, and I will profit”
Fed head Powell: “We’ll just keep the rates low, bail everyone out, and the economy will recover”
Realistic Loan officer: “I don’t care if he can pay the loan off or not, I get my commission”