A common view on Diogenes search for a “greater fool” is that he was looking for someone to buy his overvalued shares (NVDA?) at an even more inflated price, hence a “greater” fool. One side of the coin. Isn’t the value investor really just trying to shop at the Greater Fool’s Bargain Store hoping to pick up something that he/she can later sell to a merely sane investor, no fool required?
A common view on Diogenes search for a “greater fool” is that he was looking for someone to buy his overvalued shares (NVDA?) at an even more inflated price, hence a “greater” fool. One side of the coin. Isn’t the value investor really just trying to shop at the Greater Fool’s Bargain Store hoping to pick up something that he/she can later sell to a merely sane investor, no fool required?