The greater fool theory states that you can make money from buying overvalued securities, This is because there will usually be someone (i.e. a greater fool) who is willing to pay an even higher price.
Eventually, as the market runs out of fools left, prices will sell off.
Due diligence is recommended as a strategy to avoid becoming a greater fool yourself.
https://youtu.be/0BJ3x4fJzxc
https://www.investopedia.com/terms/g/greaterfooltheory.asp
Eventually, as the market runs out of fools left, prices will sell off.
Due diligence is recommended as a strategy to avoid becoming a greater fool yourself.
https://www.investopedia.com/terms/g/greaterfooltheory.asp