It doesn't even require a lot of amateur investors to drive it up beyond reason, just the belief that there will be a lot of amateur investors. Who cares if I p

It doesn't even require a lot of amateur investors to drive it up beyond reason, just the belief that there will be a lot of amateur investors. Who cares if I paid a stupid price if I can sell to them at a stupider price? Some people call this the "Greater Fool Theory." http://en.wikipedia.org/wiki/Greater_fool_theory http://en.wikipedia.org/wiki/Greater_fool_theory http://en.wikipedia.org/wiki/Keynesian_beauty_contest http://en.wikipedia.org/wiki/Keynesian_beauty_contest