WebOct 4, 2024 · The greater fool is someone with the perfect blend of self-delusion and ego to think that he can succeed where others have failed. This whole country was made by … WebGreater fool is planning to sell to the next person so you can make profit. For bitcoiners. We believe the current system is rigged. It steals money from everyone via inflation and contributes the most to economic inequality. Why would anyone want to "take profit" in that?
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WebMost people spend their life trying not to be the greater fool; we toss him the hot potato, we dive for his seat when the music stops. The greater fool is someone with the perfect … WebApr 21, 2024 · The key is applying the greater fool principle, all you need is someone more foolish than you to buy the stock you are selling in order for you to make a profit and get out from under the cloud castle when it collapses…hard to time that of course. ... The problem is simple, the stocks become overpriced and collapse like any other cloud castle ... ga state police headquarters
What is Greater Fool Theory? And How to Avoid being a Greater Fool?
The greater fool theory argues that prices go up because people are able to sell overpriced securities to a "greater fool," whether or not they are overvalued. That is, of course, until there are no greater fools left. Investing, according to the greater fool theory, means ignoring valuations, earnings reports, and all the … See more If acting in accordance with the greater fool theory, an investor will purchase questionably priced securities without any regard to their … See more One of the reasons that it was difficult to find buyers for MBS during the 2008 financial crisis was that these securities were built on debt that was of very poor quality. It is important in any situation to conduct thorough … See more Bitcoin's price is often cited as an example of the greater fool theory. The cryptocurrency doesn't appear to have intrinsic … See more WebApr 17, 2024 · Greater fool theory is an assumption that there is a possibility of making money by purchasing securities and selling them at a later date, whether they are … david pollack and wife