Week 36 Day 2: FOMO: The Fear of Missing Out on Gains

FOMO -- the fear of missing out -- is the specific emotional trigger that starts herding behavior. It activates when you see others making money and you are not. The pain of watching others profit fee...

FOMO -- the fear of missing out -- is the specific emotional trigger that starts herding behavior. It activates when you see others making money and you are not. The pain of watching others profit feels like a loss even though your own wealth has not changed.