quote · Legacy record
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.
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.
Approximate author period: c. 1955 AD · modern
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- Author or tradition
- Michael Pollan
Attribution: attributed - Country attributed
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- Approximate author period: c. 1955 AD · modern
Approximate author-period anchor from documented birth year 1955; activity date not established; Wikidata Q1138996, https://www.wikidata.org/wiki/Q1138996 (accessed 2026-10-08). Not a quotation composition date.
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Supplied reference C; CSV row 318316; supplied attribution, independently unverified
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