You should have an expectation for every company of what you think it can return to you on an annualized basis and in most cases we're just thinking of the stock price but if it's a company, you can think in terms of total return.

That helps me understand how I might position over time in terms of size relative to the rest of the portfolio.

I'm Mary Long and that's Osset Sharma, a senior analyst here at the Motley Fool and a frequent guest on the show. My colleague Ricky Moldy caught up with Osset for a conversation on why we buy stocks and the different

purposes that companies in your portfolio can serve.

They also discuss how investors can take out FOMO insurance policies, why Osset likes to think of stocks as Plato, and why the

Venn diagram comparing investing with speculation has more overlap than you may initially think. So, Osset, we recently had Aloak-Sama, who was the former chief financial officer of Soft Bank

on the show last weekend. And he is a book book it's called The Money Trap and there was one idea that I wanted to use as a jumping off point for our conversation. I brought it up before but it's called

actually it's a word I can't use on a podcast but for the purposes of this show I will call it

idiot insurance or FOMO insurance you don't want to look like an idiot so maybe you buy a little bit of something and in a

lokes case it's why he still owns stock in Soft Bank after leaving the company

it's the reason why someone might just own a little bit of Bitcoin,

which if you've owned it for the past year,

it's worked out okay for you.

But basically, the fear of not wanting to look

like an idiot or not wanting to miss out

on getting rich while we have these large scale societal shifts going on.

Previously it was crypto now.

It's an artificial intelligence and it's something that I personally struggle with is an investor. I feel FOMO when I see something like

Palan tears rise. I've done a segment on it. I can't I still don't know all the ins and outs of the

company. I still don't you know quite understand it if we're being honest

look you're a professional at this stock picking stuff but do you feel FOMO?

Well of course Ricky I mean fear of missing out represents something primordial in our psyches all of us are going to

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