At the event of quarterly financial results of an organization, a television channel host interviewing the head of the company asked: “Are you optimistic or cautious about the future“. The head of the company replied: “We are Cautiously Optimistic

So the obvious question is what does he exactly mean?

I found a amazing response posted by somebody on the net:

It means “I believe things will turn out well, so I want credit for having the wisdom to predict it. But I don’t have the courage to say so out loud, so if everything falls apart, I want credit for having the wisdom to be cautious.” It’s a phrase used extensively by economists, politicians, and other spineless creatures.

Could it have been described better! ;)