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What a great illustration of how investment bubbles can rationally occur.
by RobinL 13y ago
What a great illustration of how investment bubbles can rationally occur.
- aestra 13y agohttp://en.wikipedia.org/wiki/Greater_fool_theory http://en.wikipedia.org/wiki/Greater_fool_theory The greater fool theory says there are fools who know their purchase is either worthless or overpriced but purchase it anyway in order to sell it to greater fools at a profit.