Speakur

Word Pronunciation & Dictionary

greater fool theory

Word Rarity Uncommon

Frequency: Zipf frequency 4.11 in modern English

Syllables
greater -fool the-o-ry
IPA
27
Scrabble Score
17
Letters
4
Syllables
10
Unique Chars

Meaning

name

Theory that the price of an object is determined by irrational beliefs and expectations of market participants, rather than intrinsic value; i.e. that one can make money by buying something for the sole reason of selling it to some one else for a higher price.

Questions

What does greater fool theory mean?
Theory that the price of an object is determined by irrational beliefs and expectations of market participants, rather than intrinsic value; i.e. that one can make money by buying something for the sole reason of selling it to some one else for a higher price.

How to pronounce greater fool theory

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