The 'greater fool' theory of investing is an approach taken by fundamental analysts who are looking for under- and over-valued assets.

Question

Quizplus · Accepted Answer

The 'greater fool' theory of investing is based on the belief that one can make money on overvalued assets by selling them to someone else (the "greater fool") at a higher price, rather than on fundamental analysis of under- and over-valued assets.

The 'Greater Fool' Theory of Investing Is an Approach Taken