Finding value — or the greater fool.
价值发现——要么等更大的傻瓜。
The more riches a fool hath, the greater fool he is.
愚蠢的人越是富有，就越愚蠢。
In this market, prices go up when people believe they will continue to go up. To restore confidence would mean restoring belief in the greater fool.
这一市场中，人们相信价格会走高，价格就会走高。
That is why investors get lured into buying dotcom stocks in the hope that a “greater fool” will purchase them at a higher price.
正因为如此，人们会禁不住诱惑去买网络股，希望会有“更大的傻瓜”在更高的价格购买这些股票。
Another important role of the MA is differentiating between what I call "value trades" and "greater fool theory" trades.
均线的另外一个重要角色是他区分了“价值交易”和“最大的傻瓜理论”交易。
Another important role of the MA is differentiating between what I call "value trades" and "greater fool theory" trades.
均线的另外一个重要角色是他区分了“价值交易”和“最大的傻瓜理论”交易。
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