Appearance
Use device theme  
Dark theme
Light theme

What does greater fool theory mean?

Looking for the meaning or definition of the word greater fool theory? Here's what it means.

Proper noun
  1. (economics) The theory that the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants; i.e. one can make money by buying something for the sole reason of selling it to someone else for a higher price.
Find more words!
Use * for blank tiles (max 2) Advanced Search Advanced Search
Use * for blank spaces Advanced Search
Advanced Word Finder
Nearby Definitions
Find Definitions
go
Word Tools Finders & Helpers Apps More Synonyms
Copyright WordHippo © 2025