A timely reminder from Ian Cassel:
https://microcapclub.com/fear-of-missing-out-fomo/
Very timely reminder!
@UncleWally @Karmast Ha, Its like Mr Cassel is looking into my soul.
@UncleWally, thanks Wally Ill have to have a listen since FOMO is my most obvious bias/flaw
I hadn't heard that story of Druckenmiller buying the top of the dot com bubble before. Goes to show none of us are immune to a bit of FOMO.
Thanks for sharing @UncleWally
Yeah, it's a cracking story of when Druck got struck by FOMO.
I heard that sometime later on he was asked what he learnt from that sorry episode and he said something like Absolutely nothing, I already knew not to do that sh1t!
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