Blue Diamond Ventures Inc (BLDV)

[Kool Aid Man]

As long as people understand that their gain is the result of a direct loss suffered by another individual then that's fine. That means the entire BLDV story line is basically irrelevant.

Greater fool theory of investing

The greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants. A price can be justified by a rational buyer under the belief that another party is willing to pay an even higher price.

In the stock market, the greater fool theory applies when many investors make a questionable investment, with the assumption that they will be able to sell it later to "a greater fool". In other words, they buy something not because they believe that it is worth the price, but rather because they believe that they will be able to sell it to someone else at an even higher price. It is also called survivor investing. It is similar in concept to the Keynesian beauty contest principle of stock investing.

Greater fool theory - Wikipedia
https://en.wikipedia.org/wiki/Greater_fool_theory

http://www.investopedia.com/terms/g/greaterfooltheory.asp?lgl=rira-baseline-vertical