as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what is the meaning of the phrase "fool's gold"?
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the phrase "fool's gold" refers to iron pyrite, an alloy that closely resembles gold but is worthless. it is also used to refer to something that appears to be valuable but is actually of little or no worth.
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