Vladimir Okhotnikov: how euphoria and greed defeat investors / Massmedia / Vladimir Okhotnikov

Vladimir Okhotnikov: how euphoria and greed defeat investors

17 April 2024

Report from the Cоmpany Okhotnikov About the Problems of Investors and Traders

The founder of the Okhotnikov company, Vladimir Okhotnikov, a well-known researcher and financial expert in crypto specialist circles, made comments in a new article “The Greater Fool Theory”. In his latest research, Okhotnikov demonstrated how the herd instinct and FOMO lead to instability and economic downturns.

The article talks about the “greater fool theory” - this concept states that there will always be someone willing to buy an asset at an inflated price. It is often confirmed by real stories. The expert explains it using a hypothetical example of a girl who, without studying the market, bought real estate during a period of high demand, hoping only for a future rise in prices. And something happened to her that should not have happened.