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Monday, April 27, 2015 12:25:53 AM
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. Or one may rationally have the expectation that the item can be resold to a "greater fool" laterhttp://en.wikipedia.org/wiki/Greater_fool_theory
My "opinion" is as valid as your "hearsay"
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