WebGreater fool theory except we're all fools for believing OpenAI will destabilize the tech markets. 13 Apr 2024 18:16:06 WebJun 30, 2024 · Further analysis of NFT real-world uses remove the tokens from Greater Fool Theory due to the technological promise they offer. One promising example of NFTs’ potential uses is event ticketing ...
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WebJun 15, 2024 · Be smart: The greater fool theory suggests that buying an overpriced asset can still turn a profit because someone will be willing to pay even more for it later on. Gates said he's "not involved" in cryptocurrency and NFTs, … WebMar 16, 2024 · The Greater Fool Theory simply states that there will always be a “greater fool” in the market who will be ready to pay a price based on higher valuation for … ina beatty choc cake recipe
What Is The Greater Fool Theory? - Science ABC
In finance, the greater fool theory suggests that one can sometimes make money through the purchase of overvalued assets — items with a purchase price drastically exceeding the intrinsic value — if those assets can later be resold at an even higher price. In this context, one "fool" might pay for an overpriced asset, hoping that he can sell it to an even "greater fool" and make a profit. This only works as long as there are enough new "greater fools… Web1 day ago · It has just become the greater fool theory at its finest. Moves like this can extend much further than is either reasonable, or intelligible. They also usually portend waterfall declines when liquidity ends. WebGreater Fool Theory As An Investment Tactic. Investors who prescribe to the Greater Fool Theory believe that money can be made by buying overvalued assets and selling them … ina biber illustration information