This post was scheduled to run yesterday, but something happened. For maximum effect, try to read it like it's Tuesday.
A psychological test I read about proves/indicates/suggests/it’s only one test so what do they know? that optimists are worse predictors of task-performing outcomes than pessimists, the optimists believing that they are more competent performing the task than it turns out they are, while the pessimists’ predictions of their performance are considerably closer to the mark.
A psychological test I read about proves/indicates/suggests/it’s only one test so what do they know? that optimists are worse predictors of task-performing outcomes than pessimists, the optimists believing that they are more competent performing the task than it turns out they are, while the pessimists’ predictions of their performance are considerably closer to the mark.
Optimists believe they are being realistic in their
assessments, but, by definition – “real” being what is actually the case – they
aren’t. The people who are more realistic predictors
are the people optimists – and pretty much the world – dismiss disparagingly as
pessimists.
That’s the setup.
FLASH BACK TO 1981. (I just typoed 1081; that’s too far back.)
Dr. M, her daughter Rachel and I are living in a condo
located two blocks north of a distinctly dilapidated California-style bungalow. Dr. M, who has an eye for exceptional
architecture, is carpooling to work with a woman who lives in that house and, having been inside it, she is
instinctively aware of its potential.
Thump-thump-thump.
(A rapidly beating heart.) Dr. M really wants that house!
One day, Dr. M excitedly informs me that there’s a “For
Sale” sign in front of the house. Cognizant of her interest, I encourage her to
find out the asking price.
(Background: The owner of the house, built it 1910 – which
is old for Southern California where
they knock everything down and put up ugly condos in their place – had just
succumbed in a retirement home. The
house was most recently occupied by an
indeterminate arrangement of hippies, who rented the premises and divided it
into separate living areas, including the garage, which served as the
home/slash/studio to a karate teacher.)
Shortly thereafter, Dr. M, returned with the unsettling news
that developers were bidding on the
house, with the intention of knocking it down and replacing it with yet another
unattractive condominium.
(Note: The house sits on a double-sized lot, making
it ideally suited for redevelopment.)
Dr. M told me what the developers were offering, and asked
me if I was interested in bidding against them.
I informed her I was not. It is
imprudent to bid against developers, who invest in property for profit, and are
therefore willing to bid higher than a person in show business whose career
could evaporate at any moment. Which is
not really the issue, though that agitating obsession is rarely far from my
mind.
As an overarching rule, regular people do not bid against
developers. Developers know bank presidents. I know cash machines outside the banks on the
wall.
Though understandably disappointed, Dr. M agreed with my
decision not to compete with the developers.
And that’s the end of the story.
Or it would be, if
it were just me making the decision.
Dr. M commiserated with her friend Ruth, who is an acclaimed
artist and was for years the Dean of Art at the University of Southern California. The two of them determined that, rather than
letting the house be demolished, they would initiate a campaign to have it
declared a Santa Monica landmark, due to its being one of the few remaining
Craftsman Bungalows in our beachside community.
Their thinking was that, if the house were designated a
landmark, you were legally prohibited from knocking it down. And if you were legally prohibited from
knocking it down, the developers would immediately lose interest in the property
and rescind their offer. And if the
developers rescinded their offer…
The house go back on the market!
Their strategy was incredibly optimistic. Or, as pessimists would call it,
Stupid.
The thing is, barring some kind of miracle, the house was a
goner.
Let us now consider the infinitesimal smallness of the eye that
this “Needle of Desperation” would have to pass through. For us to end up with the house, not one, but all of the following steps would have to be successfully
accomplished:
1) A substantial
number of possibly indifferent, apathetic and disinterested neighbors would
have to be persuaded to sign a petition, supporting the idea of the City
Council’s declaring the bungalow a Santa Monica landmark.
The petition amassed over a hundred and fifty signatures.
2) Acknowledged authorities
– architectural historians and respected journalists in the field – would have
to to be solicited to come and check the house out, and if it was deemed
meritorious, write supporting testimonials, attesting to the fact that, in their
informed opinions, though it was currently in a state one might expect it to be in having recently been
occupied by an indeterminate arrangement of hippies, the bungalow should
unquestionably be preserved.
Multiple experts wrote glowing recommendations.
3) A comprehensive
proposal for landmark designation would have to be submitted for determination
to the Santa Monica Landmark Commission, several of whose members had ties to
real estate concerns and were committed to suppressing the emerging preservation
movement, as it was inconsistent with their financial best interests.
The Landmark
Commission, by a “squeaked by” tally of five-to-four, recommended that the
house be accorded landmark status.
4) The Santa Monica
City Council would have to accept the Landmark Commission’s recommendation, and
there was no certainty they would, as
the heirs to the estate – who had retained a lawyer to argue on their behalf – were
against the designation, because if
the house were declared a landmark, it was, “Goodbye, Developers”, “Hello,
Regular Bidders.” At a considerably
deflated price.
The City Council
accepted the Landmark Commission’s recommendation. The house was now a Santa Monica
landmark. The developers immediately
withdrew their bid, and went quietly away.
5) We were now in a “probate”
situation, involving sealed bids, the highest of which would be announced by a
judge in a courtroom. If anyone bid
seven percent higher than the announced highest bid, an auction for the
property would immediately ensue.
We submitted the highest offer we could afford, and agreed we
would not enter into a “bidding war.” Our bid would have to be the highest, or, for
us, it was “Game Over.”
Our sealed bid was the
highest. We held our breaths. Nobody in the courtroom bid higher.
And that is why, last Sunday, from noon till five, over two
hundred visitors passed through our home, a participant – with four others – in
the Santa Monica Conservancy-sponsored “Living In A Landmark” house tour.
Was it pessimistic to believe we would never get the house?
No. It was realistic.
It was also wrong.
(Postscript: The optimist/pessimist dichotomy may not be at issue here. Some people just do things. Are “doers”
natural optimists? Maybe. Though, more likely, they don’t even think about it.)
2 comments:
Dear Mr. Pomerantz; I agree with your doer judgement. Some folks just have a knack (or luck) at making things happen.
-Z
Can I get a credit on my bill for yesterday's outage? (good story by the way)
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