Fear of missing out can cloud judgment from "summary" of Your Money and Your Brain by Jason Zweig
When you are fearful of missing out, you're likely to make decisions that aren't in your best interest. That's because fear can cloud your judgment, leading you to act irrationally or impulsively. In the financial world, this fear can be particularly dangerous, as it can cause you to make hasty decisions that may result in financial losses. In the book 'Your Money and Your Brain,' Jason Zweig explores how our brains are wired to respond to fear and how this can impact our decision-making processes. He explains that when we are afraid of missing out on an opportunity, our brains go into overdrive, releasing hormones that can impair our ability to think rationally. This can lead us to take unnecessary risks or make ...
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