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- ... The game follows a line of reasoning that goes something like this: You hold your stock until it rises in price, at which time you sell it to a greater fool. This may have worked to some extent back in the days of Jay Gould and all the “stock jobbers” who could corner, overrun, or dump their stocks on unsuspecting marks, but the prospects for accomplishing it today are not good unless you like prison food. In any case, bargain hunters find the idea of the greater fool theorem foolish from top to bottom. (摘自Investing the Templeton Way: The Market-Beating Strategies of Value Investing's Legendary Bargain Hunter, by Lauren C. Templeton and Scott Phillips)
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