bigger fool theory
n.— «This is sometimes called the “bigger fool” theory, where someone knowingly buys an overpriced asset because he believes there is a bigger fool out there who will be willing to pay even more for it.» —“The Bubble People” by Bruce Bartlett Human Events (Washington, D.C.) Sept. 6, 2005. (source: Double-Tongued Dictionary)
Further reading
It was a dark and stormy night. So begins the long and increasingly convoluted prose of Edwards Bulwer-Lytton’s best-known novel. Today the annual Bulwer-Lytton Contest asks contestants for fanciful first sentences that are similarly...
A librarian opens a book and finds a mysterious invitation scribbled on the back of a business card. Another discovers a child’s letter to the Tooth Fairy, tucked into a book decades ago. What stories are left untold by these forgotten...