Greater fool: related pages

Bubble
Security prices far above the levels which can be justified by any rational assessment of the real value of future cash flows. Bubbles inevitably burst.
Behavioural finance
A branch of financial economics that models the behaviour of investors, rather than simply assuming that they are rational and risk averse.
Momentum Investing
A simple investment strategy that assumes price will continue any strong current trends.
Smart money
Money managed by investors who are likely to outperform the market.
Dumb money effect
The tendency of investments popular with private investors to under-perform.
Copyright Graeme Pietersz © 2005-2019