每个投机泡沫就好比一封连锁信，利润是由后来入市者提供的。
Every speculative bubble resembles a chain letter in that profits are provided by late entrants to the market.
List博士还举出了人类的群体思维破坏决策的例子，如投资者蜂拥购买同一股票，就会导致其他入市者盲目跟风的情况，进而造成股市的泡沫现象。
Dr List adds that people demonstrate this kind of bad decision-making when investors pile into a stock and others follow, creating a bubble for which there is no good reason.
过多的新经营者将获准进入市场。
A plethora of new operators will be allowed to enter the market.
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