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The greater fool theory suggests that one can sometimes make money through the purchase of overvalued assets — items with a purchase price drastically exceeding the intrinsic value — if those assets can later be resold at an even higher price.

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Mike Scarpiello
Mike Scarpiello

Written by Mike Scarpiello

UX Designer, writer, musician, poet, political satirist, musician, bull runner, craft beer enthusiast, and UX Design mentor at https://shorturl.at/jRV2i

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