Don't Buy The Bull
Welcome to "Don't Buy the Bull", a podcast dedicated to unmasking the truth about, well, anything and everything!
I'm your host, Cassandra Toroian, (call me Cass). I am a 25-year veteran of the investment business, both as an ex-investment manager and Wall Street Journal all-star analyst. I've started and sold companies, and written a book called "Don't Buy the Bull" back in 2010. Now I've gone all in on technology and democratizing information for the consumer.
I'm passionate about sharing my knowledge and experiences to give a glimpse into how things like Wall Street, federal government, and start-up businesses really work. Hopefully some of what we talk about you find interesting enough to come back again and again!
What you'll get here is a combination of big-picture market stuff, the economy, sports, technology. Because yes, in my world they really do all intersect.
So if you want to learn how to make the secret sauce yourself, stand by....and let's go.
Don't Buy The Bull
Experiencing FOMO in Finance
In episode 3 of Don’t Buy The Bull, Cassandra Toroian delves into the concept of FOMO (Fear of Missing Out) and its impact on investing. She also discusses the dangers of making investment decisions based on envy, greed, and short-term emotions.
Tune in to gain insights on making sound investment decisions by overcoming the fear of missing out.
TIMESTAMPS
[00:01:17] FOMO (Fear of Missing Out) in Investing.
[00:09:20] Short Selling and Stock Market.
[00:10:25] Investing in Gold Advice.
In this episode, Cassandra Toroian discusses how FOMO is driven by emotions such as envy, jealousy, hubris, ego, and greed, which can cloud judgment and lead investors to make impulsive decisions based on the desire to catch up with perceived successful individuals.
Additionally, Cassandra stresses the importance of prioritizing fundamental investing principles over speculative trading. By adhering to a sound investment strategy based on quality stocks and long-term growth potential, investors can mitigate risks and work towards achieving their financial goals in a prudent and sustainable manner.
QUOTES
- “Just as we can invest and buy a stock for the long term, there are people out there who will do the opposite. Their form of investing is actually shorting a stock. That means they're selling the stock that they don't own. And their conclusion is that stock because that company is flawed fundamentally, that stock will go down.”
- “You can look it up and see what exactly a company's short percentage is. And it'll even tell you the number of days it would take for that stock to cover all of its shorts. In other words, If a company has a small float of stock, it could take many, many days for them to cover and close out the short positions because it becomes a self-fulfilling prophecy.”
- “But my point is, is that if you don't take a look at what is going on with a company's stock as far as the short position percentage out there and how many days to cover that it would take, that can be a very bad recipe for disaster if you're feeling like you're missing out and wanna get in on one of these.”
SOCIAL MEDIA LINKS
Cassandra Toroian
Instagram: https://www.instagram.com/CassandraToroian/
Facebook: https://www.facebook.com/CassandraToroian1/
LinkedIn: https://www.linkedin.com/in/cassandra-toroian/
WEBSITE
FirstHand Research and Consulting LLC: https://1sthandresearch.com/