...yes, "I couldn't help myself...." , too many feel FOMO that...

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    ...yes, "I couldn't help myself...." , too many feel FOMO that they regret more not buying into a run-up and missing it, rather than regret not selling earlier before the large correction.
    ...yet, the latter regret is so much more important because it is Avoiding a Loss or a Bigger Loss while the former is Missing a Gain. You don't lose anything missing a Gain.
    ...which is why Vern Gowdie's Winning is Not Losing is a great guiding principle. Warren Buffett's First Rule is : Don't Lose Money, and Second Rule: Don't Forget the First Rule. But people prefer to cite 'be greedy when others are fearful'.
    ...Risk Takers can't help themselves, because it is part of the gambling spirit.

    Stanley Druckenmiller after losing $3 billion on tech stocks during the 2000 bubble: "I didn't learn anything. I already knew I wasn't supposed to do that".
    https://x.com/KoyfinCharts/status/1838998921814868006
 
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