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Market Mayhem: Morgan Housel on Navigating Financial Storms | Speak Up with Anthony Scaramucci

Wealthion - Be Financially Resilient

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The Impact of FOMO on Investment Decisions

This chapter discusses the concept of FOMO (fear of missing out) and its effect on investment decisions. It emphasizes the importance of taking a long-term view in investing and avoiding the temptation of chasing short-term gains. The chapter shares stories of Mark Andreessen and Warren Buffett to highlight the benefits of earning average returns over a sustained period of time.

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