Greater fool theory - AshokBhat/investing GitHub Wiki

About

• Make money from securities, whether they are overvalued or not
• By selling them to a greater fool.

How to Avoid Being a “Greater Fool”

• Do not blindly follow the herd, paying higher and higher prices for something without any good reason
• Do your research and follow a plan
• Adopt a long-term strategy for investments to avoid bubbles
• Diversify your portfolio
• Control your greed and resist the temptation to try to make big money within a short period of time
• Understand that there is no sure thing in the market, not even continual price inflation

See also