Greater Fool Theory
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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
- eBay
- Housing bubble
- P.T. Barnum
- Stock Market
- Tulip mania
- Subprime loans
- Quantitative easing
- Inflation
- Economic bubble