CEO slammed the online phenomenon and said they were "100 per cent based on greater fool theory," the idea that someone can make money by purchasing overvalued assets. The buyer simply waits for the "bigger idiot" – or "greater fool" if you like – to come along and buy them out.“I’m not involved in that.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: