What is practical pessimism?

Practical pessimism is an approach that Tim Ferriss discusses in relation to Stoicism, where it is used as a productivity system. In a discussion with Derek Sivers, Ferriss highlights the use of this mindset as a way to prepare for worst-case scenarios and enhance resilience and gratitude. He mentions giving a short talk called "Practical Pessimism", describing it as a way to avoid being overly optimistic in a way that can be unhelpful. This method involves visualizing worst-case scenarios and practicing resilience to better handle life's challenges. Ferriss connects this to practices advocated by Stoic philosophers like Marcus Aurelius and Seneca, who encouraged preparing mentally for hardships to diminish the fear of adverse outcomes and improve overall handling of life's obstacles 1.

Would you like to explore how this concept can be applied in practical situations or any more insights on this topic?