Difference between revisions of "Greater Fool Theory"
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| − | The '''Greater Fool Theory''' is the principle in | + | The '''Greater Fool Theory''' is the principle in investing that any investment can turn a profit (or at least, minimize losses) by selling the property to someone who will buy them at a higher price. |
==See Also== | ==See Also== | ||
*[[eBay]] | *[[eBay]] | ||
*[[Stock Market]] | *[[Stock Market]] | ||
| − | *[[P. T. Barnum]] | + | *[[P.T. Barnum]] |
| − | |||
[[Category:Economics]] | [[Category:Economics]] | ||
| − | |||
Revision as of 19:17, May 27, 2008
The Greater Fool Theory is the principle in investing that any investment can turn a profit (or at least, minimize losses) by selling the property to someone who will buy them at a higher price.