Viewed: 78 - Published at: 6 years ago

The bubble logic driving tulipomania has since acquired a name: "the greater fool theory." Although by any conventional measure it is folly to pay thousands for a tulip bulb {or for that matter an Internet stock}, as long as there is an even greater fool out there willing to pay even more, doing so is the most logical thing in the world.

( Michael Pollan )
[ The Botany of Desire: A ]
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