Investor FOMO Could Cost You a Fortune. Just Ask Sir Isaac Newton.

What the renowned scientist’s 18th-century market misadventures can teach us about the crypto markets today

“Isaac Newton” by paukrus is licensed under CC BY-SA 2.0. Photo by Clay Banks on Unsplash.

What is FOMO?

Newton and South Sea Stock

Bursting of the Bubble

Photo by Daniel Monteiro on Unsplash
Reproduced from: Andrew Odlyzko, “Isaac Newton and the perils of the financial South Sea,” vol. 73:7, 01 July 2020, 30–36 https://physicstoday.scitation.org/doi/10.1063/PT.3.4521, with the permission of the American Institute of Physics.

FOMO and Cryptocurrencies: The Dogecoin Example

What You Can Do to Avoid FOMO

I’m a Finance prof, CFA, and author of In Pursuit of the Perfect Portfolio (with Andrew Lo). I write stories about investing. (I don’t give financial advice.)

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store