Introducing 

Prezi AI.

Your new presentation assistant.

Refine, enhance, and tailor your content, source relevant images, and edit visuals quicker than ever before.

Loading…
Transcript

The Greater Fool Theory

Group Member

Chen Yan Ting

Cheng Yu Ting

Tang Tian

Wang Yue

Are You A Fool?

John Maynard Keynes

John Maynard Keynes

Keynesian Beauty Contest

Choose 6 Faces

Choose 6 Faces

Own Judgment

Average Opinion

Anticipation

Example-----Stock

Higher Index More Buyers

Example-----Stock

Real value :$14

Real value :$14

Market price:$20

Expected value:$26

Speculative Behavior

MISJUDGE BIG LOSS

WHY?

Positive

Estimate

Negative

WHY?

Early

Act

Slow

Keep a certain degree of fool, can be used as an investme...

Keep a certain degree of fool, can be used as an investment strategy in an irrational market.

References

  • Wikipedia----Greater fool theory
  • "Greater Fool Theory Definition - What is Greater Fool Theory?". Investorglossary.com. Retrieved 2015-03-06.
  • "What is greater fool theory? definition and meaning". Businessdictionary.com. Retrieved 2015-03-06.

Thank You

Learn more about creating dynamic, engaging presentations with Prezi