"Greed is good" is a catchphrase based on Gordon Gekko's quote "greed, for lack of a better word, is good" from the 1987 film Wall Street. That was the year that Fed Chair Alan Greenspan introduced the "Fed Put" as a way to stop panic selloffs in the stock market.
For stock prices to go up, fear is sometimes better than greed. Greed usually makes market tops, while fear usually makes market bottoms.
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