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Date Posted: 19:31:09 12/27/16 Tue
Irrational optimism is a powerful influence on human behavior. The Bills committed to a contract two years ago which was way richer than it had to be because, in their own minds, they had to confirm and ratify their decision that Ryan was the best choice.
It's not like the world was rushing to hire Ryan. The Jets had just fired him. He needed a job. The Bills probably could have offered him a one-year contract and had him happily accept it, much like Fitzpatrick ultimately accepted a one-year deal from the Jets.
I believe that 2016 was the final season that Notre Dame paid Charlie Weis and I further believe that Kansas is still paying him.
Irrational optimism is a powerful influence in other spheres. Before Trump's election, many market prognosticators opined that a Trump victory would lead to a 5-10% correction in US equities. Instead, they've rallied about 8% on optimism that everything potentially good will come to pass: deregulation, lower taxes, steeper yield curve, repatriation of foreign cash, Santa Claus, the Easter Bunny.
Optimism. Ain't it great?
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