Tim Beyers

Boy, do I feel that.

And then the disposition effect that I'm pretty sure that Dave's going to talk about.

In this case, Gemini was focusing on holding losers too long.

But there's some wrinkles there.

Number two, this is both a hope and a concern, FOMO.

FOMO and panic, the herd mentality.

I don't think we need to really say too much about that.

FOMO is something that everybody feels.

Fear of missing out is a very powerful motivator.

And then number three, big concern about overconfidence and confirmation bias

We see this with a lot of new investors, I think.

Investors don't particularly know what to do, or they feel so convinced about something that they're just in and they're trading all the time, or they build an over-concentrated portfolio, and that ends up

causing some regret.

And we don't love regret when it comes to investing.

So Asit, I'm going to start with you.

What do you want to tackle here?

Your mindset advice based on those three areas.

If you're going to give a piece of mindset advice, what do you want to focus on?

Yeah.

I mean, don't be afraid to think about the good things that can happen.