I have often thought this, but what balances my FOMO is the old story about the stockbroker in 1929 who got a stock tip from his shoeshine boy, and immediately

I have often thought this, but what balances my FOMO is the old story about the stockbroker in 1929 who got a stock tip from his shoeshine boy, and immediately decided to sell all his stocks because if the shoeshine boy was into stocks even, that meant the bubble was about to burst. I have no idea when the speculative bubble bursts, but I am pretty sure that I am the equivalent of the shoeshine boy. If I'm ready to speculate, that means we are very late in the cycle and a burst is coming. This helps me shrug off any FOMO; if I did decide to speculate, it would be a sure sign that the fall is imminent.