The rationale for any one participant in pushing the price further away from its fundamental equilibrium was often along the lines of the “greater fool” presumption – however artificially high the price, someone would pay more for it later.
I wish to also extend a special welcome to our distinguished speakers who will be sharing with us their invaluable knowledge and experiences over the next three days. It is always an honour for the RBF to welcome AFI members to our programs; just as we did 4 years ago when we hosted the GPF in Denarau, Nadi.