Bigger Fool Theory
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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