Bubbles and FOMO
The discussion highlights the parallels between the Internet boom and the current AI trend, urging caution against the prevailing optimism that every company will succeed. As FOMO takes hold, investors often overlook the risks of losing money, driven instead by the fear of missing out on potential gains. This mindset can lead to irrational investment decisions, reminiscent of lottery thinking, where individuals chase low-probability outcomes.In this clip
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Odd Lots
How Oaktree's Howard Marks Spots a Market Bubble
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