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Glossary > G > "Greater Fool Theory" Definition

Greater Fool Theory

The theory that an investor will purchase overvalued securities because there will almost always be a "fool" willing to purchase these securities at an even higher price.

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Greater Fool Theory - The theory that an investor will purchase overvalued securities because there will almost always be a "fool" willing to purchase these securities at an even higher price.

Greater Fool Theory : the theory that an investor will purchase overvalued securities because there will almost always be a "fool" willing to purchase these securities at an even higher price.