Greater Fool Theory

The Greater Fool Theory suggests that you can make money by buying an asset—like stocks, real estate, or collectibles—at a high price, with the belief that you can sell it to someone else (the "greater fool") at an even higher price later. This theory relies on the idea that there will always be someone willing to pay more, regardless of the asset's actual value. However, this can be risky; if the market shifts and there are no greater fools left to buy, you could end up losing money.