Today's vernacular is riddled with acronyms ending in the letter "O": IMO, YOLO, BOGO, and the newest one that's most relevant to the investing racket, FOMO, which stands for "Fear of Missing Out".
Fear of Missing Out (FoMO) marketing taps into ubiquitous social anxiety — missing out on rewarding experiences that others are enjoying. This marketing strategy creates a sense of urgency and ...