The provided text is a podcast episode script titled "FOMO Investing: How to Tune Out the Noise." It comprehensively explores the concept of FOMO (Fear of Missing Out) in investing, defining it as emotionally driven decisions rather than those based on research or long-term goals. The script examines the psychological biases that fuel FOMO, such as social comparison, loss aversion, and the availability heuristic, and discusses the real costs, including opportunity costs and emotional tolls. Ultimately, it offers practical strategies and a framework for investors to build a "FOMO defense system" and stick to a disciplined, long-term approach to wealth building, emphasizing the power of "boring" investments like index funds.

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