Greater fool theory in economics and finance

73 views Feb 2, 2024

Hello everyone! Have you ever wondered why people invest in assets that seem overvalued? Or why some individuals buy stocks at sky-high prices, even when the market sentiment is bearish? The answer lies in a fascinating theory called the Greater Fool Theory. Today, we'll delve into the depths of this theory, exploring its meaning, implications, and real-life applications.

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