not just random

September 13, 2006

Bigger Fool Theory

Filed under: Uncategorized — Alex @ 10:26 pm

Bigger Fool Theory:

The bigger fool theory or greater fool theory (also called Survivor Investing.) is the belief held by one who makes a questionable investment, with the assumption that they will be able to sell it later to “a bigger fool”; in other words, buying something for no other reason than the belief that you will be able to sell it to some one else for a higher price. (WikiPedia, of course)

Current reading: Dot.con

[Amazon’s URLs are finally starting to become slightly more readable.]

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