Riding Market Sentiment: Greater Fool Theory In the fast-paced world of finance, understanding and navigating the stock market sentiment are of great importance for investors, seeking to avoid the pitfalls of speculative excess. The Greater Fool Theory, a captivating concept, serves as a lens through which we can analyze and understand the dynamics of market behavior. Fundamentally, the value of any asset movable or immovable lies in its intrinsic value, However, Great fool theory challenges this conventional notion. Instead it is proposing that an asset’s value is based upon the…
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