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GREATER FOOL THEORY
The Displacement of Tom Perkins With The Greater Fool Theory
Founder & CEO of CareLinx, an online nationwide marketplace th...
I was deeply saddened by the news that Tom Perkins died last week. Though I never had the opportunity to meet him, I greatly admired his business acumen and appreciated his overall positive impact on Silicon Valley, where I have lived virtually my entire life.
The Greater Fool Theory and Investing
Author of the Smartest series of books
Many investors subscribe to this theory, but don't know they are engaging in it. In an ironic twist, they become the "greater fool," and are left holding the bag when the investment falls and they either can't find a buyer or they have to sell at a loss.
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