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What Is The "Greater Fool Theory" In Investing?
Manage episode 407321299 series 3559477
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⭐⭐ What Is The "Greater Fool Theory" In Investing?
We're back again today to talk about the Greater Fool Theory in investing and why it's NOT a philosophy you should subscribe to when it comes to investing.
The Greater Fool Theory revolves around the idea that there will always be someone out there willing to pay more for an investment than you are. We see typically occur in hot sectors - cryptocurrency, marijuana, technology, biotech, etc.
In this video, Rob gives his breakdown on why the Greater Fool Theory is an important concept to grasp to not fall victim to trying to perfectly time the market and sell at the top.
#businessnews #investmentstrategy #investingbasics #TheGreaterFoolTheory #GreaterFoolTheory #GreaterFool #TimingTheMarket
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