The contemporary bull market is widely perceived to be driven primarily by FOMO attitudes. Ostensibly, investors—wary of missing out on further market advances—have piled into stocks despite record-high valuations and, without much consideration, have been quick to buy any dips along the way. The impression is the foundation underlying today’s stock market are investors who have ignored risks, thrown caution to the wind, and stretched themselves to financial vulnerability by letting excessive greed rule their investment decisions.