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Investing in the age of FOMO is actually hard: Jared Dillian

The current investing environment poses a psychological quandary -- it seems like all you need to do to be successful is just buy any stock, because it will inevitably go up. But smart investors dont trade to maximize expected value; they trade to minimize regret.

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The current investing environment poses a psychological quandary. (Photo: Shutterstock)

(Bloomberg View) – Great bull markets are the easiest time for money managers, right? Actually, not for most professionals, who are generally most comfortable looking for — and finding — value in times of stress.

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