u/Alert-Appointment953

Wailing and gnashing of teeth

I'm seeing more and more posts about how FIFA 'screwed' people. FIFA is a bunch of greedy, money grubbing arseholes, but they let the rules be known well in advance...

  1. You were buying tickets to unknown games in unknown seats.

  2. You were gonna pay hella fees to sell through their exclusive app.

  3. They were going to hold back tickets with "last sales".

I don't know who thinks watching 1 of 104 soccer games for thousands of dollars is normal, but many of us don't.

You should get out asap if you're sitting on tickets you don't plan to use.

You should get used to the guy next to you paying a magnitude less than you did if you do go.

Sorry, but you got finessed.

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u/Alert-Appointment953 — 10 hours ago

From Gemini:

The Greater Fool Theory states that you can make money buying overvalued assets, regardless of their fundamentals, because you can sell them for a profit to a "greater fool" later. This strategy relies on finding someone willing to pay a higher price, often during speculative bubbles, before the bubble bursts.

The Risk: When the bubble bursts, the last person holding the asset (the "greatest fool") faces significant losses.

reddit.com
u/Alert-Appointment953 — 8 days ago