Its price is driven by the greater fool theory.
它的价格是由更大的傻瓜理论驱动的。
单词 | Greater fool theory |
释义 |
Greater fool theory
原声例句
《金融时报》 Podcast Its price is driven by the greater fool theory. 它的价格是由更大的傻瓜理论驱动的。 新视野大学英语第三版读写教程(第三册) The foremost explanation is the greater fool theory: Buyers justify their purchases by assuring themselves they will find a greater fool who will pay even more. 买入方深信自己能找到下一个甘愿出更高价格的冤大头,从而认为自己的买卖是合理的。
英语百科
Greater fool theoryThe greater fool theory states that the price of an object is determined not by its intrinsic value, but rather by irrational beliefs and expectations of market participants. A price can be justified by a rational buyer under the belief that another party is willing to pay an even higher price. In other words, one may pay a price that seems "foolishly" high because one may rationally have the expectation that the item can be resold to a "greater fool" later. |
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