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Re: FUBAR post# 55384

Thursday, 05/08/2014 7:46:02 PM

Thursday, May 08, 2014 7:46:02 PM

Post# of 163744
What's that? The "greater fool" theory?LOL!!!
"The greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by the often irrational beliefs and expectations of market participants.[1] A price can be justified by a rational buyer under the belief that another party is willing to pay an even higher price.[2][3] Or one may rationally have the expectation that the item can be resold to a "greater fool" later."
"In the stock market, the greater fool theory (also called survivor investing) is the belief held by someone who makes a questionable investment, with the assumption that they will be able to sell it later to "a greater fool"; in other words, buying something not because you believe that it is worth the price, but rather because you believe that you will be able to sell it to someone else at an even higher price.[8]"
http://en.wikipedia.org/wiki/Greater_fool_theory

How charming!!!

I personally hope that APT turns out to have SOME real value...
I'm not hoping to dump it on some unsuspecting "greater FOOL"!!!

Which is WHY I "work" so hard to get the TRUTH out there!!!

As with so many things in life, I will continue to appear wrong until I am shown to be correct.
:)

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