Don’t Fear Irrational Investors
So, despite nosebleed valuations, investors are as bullish as ever. Which brings me back to Keynes’ observation that irrational behavior can last a long time in the market. And we have herd mentality to thank for that.
Said another way, fear of missing out — FOMO — is omnipresent in the markets today.
So now investors face a tough choice: get out of stocks or follow the pack?
Let me show you a few things I’ve learned in the last epic stock market bubble … and how to come out ahead without a second thought for the herd.
