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What is the greater fool theory? fool.jpg Group of answer choices Anyone willing to pay 10,000 guilders for a tulip bulb must be a greater
What is "the greater fool theory?" fool.jpg Group of answer choices Anyone willing to pay 10,000 guilders for a tulip bulb must be a "greater fool" than someone not willing to pay that much. It makes sense to pay lots of money for something of little value as long as there is a "greater fool" willing to pay more. The "greater fool" is the person who is unwilling to take a risk on a potential big pay off. Only a "greater fool" would lend money to a flower grower who would buy a flower with a disease even it it made the flower temporarily beautiful
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