People love to think they can call tops. The truth? Even the best in the business — legendary fund managers with decades of experience and billions under management — get it wrong constantly.

Spotting bubbles isn't the hard part. Everyone can see when things are frothy. The hard part is timing. You can be right about a bubble and still lose money for years being early. Or you nail the call, get out, watch it run another 50%, and feel like an idiot.

The real skill isn't predicting the top. It's managing risk, sizing positions sensibly, and not letting your ego or FOMO destroy your process. Stay humble, stay disciplined, and stop trying to be a hero.