In this episode, Robert explores the two investor mindsets that quietly shape long-term performance and how one can cost you everything. He breaks down the traits that separate reaction from reflection, short-term thinking from durable conviction, and explains why your personal habits might be your portfolio’s biggest threat. From the psychology of FOMO to this cycle’s stimulus footprint, Robert shares how he’s positioning for the next 12 months and why the market might already be pricing in what comes after Powell. Plus, a listener question on booking fast profits, reading risk signals, and knowing when to take the gift.