http://www.mrmoderate.com Clowns to the left of me, Jokers to the right, here I am, stuck in the middle with you. - Gerry Rafferty Wed, 08 Sep 2010 03:08:37 +0000 http://wordpress.org/?v=2.6 http://www.mrmoderate.com/economics-101/wealth-fools#comment-49 Mr. Moderate » Blog Archive » Republican Kleptocracy Wed, 17 Sep 2008 06:14:34 +0000 http://www.mrmoderate.com/economics-101/wealth-fools/#comment-49 [...] low and sell high” regardless of any true market value. This can be called the “greater fool theory” of investment. Sooner or later, the price gets so far above what the market can bear that no [...] [...] low and sell high” regardless of any true market value. This can be called the “greater fool theory” of investment. Sooner or later, the price gets so far above what the market can bear that no [...]

]]> http://www.mrmoderate.com/economics-101/wealth-fools#comment-34 Mr. Moderate » Blog Archive » We’re Getting Fooled Again! Sun, 20 Jul 2008 16:11:22 +0000 http://www.mrmoderate.com/economics-101/wealth-fools/#comment-34 [...] get to keep all their profits. It is only the last purchaser in the chain (the so-called “greater fool“) who gets stuck owning the overvalued property. However, unless they have signed loan papers [...] [...] get to keep all their profits. It is only the last purchaser in the chain (the so-called “greater fool“) who gets stuck owning the overvalued property. However, unless they have signed loan papers [...]

]]> http://www.mrmoderate.com/economics-101/wealth-fools#comment-6 Mr. Moderate » Blog Archive » Don’t Get Your Bubble Burst! Sun, 06 May 2007 22:43:08 +0000 http://www.mrmoderate.com/economics-101/wealth-fools/#comment-6 [...] Wikipedia has an excellent article on the housing bubble in the United States. I can’t recommend it highly enough. (At least, as the article stood as of the date of this post; it could be changed tomorrow for all I know.) As it sits, it aligns perfectly with my own thinking on this subject. If you want more on my own take on the housing bubble, please read my page on Greater Wealth & Fools. [...] [...] Wikipedia has an excellent article on the housing bubble in the United States. I can’t recommend it highly enough. (At least, as the article stood as of the date of this post; it could be changed tomorrow for all I know.) As it sits, it aligns perfectly with my own thinking on this subject. If you want more on my own take on the housing bubble, please read my page on Greater Wealth & Fools. [...]

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