Meaning of dumb money | Babel Free
Definitions
Individual, noninstitutional investors considered as a group; by extension, the money invested by such people.
Examples
“These markets attract⟳ a lot of dumb money. These are investors who are buying simply because other people are buying. They're the same people who bought Internet stocks at the peak of the stock⟳ market bubble.”
“When the dumb money is piling into the market, you know⟳ it's about to reach⟳ a top, and when the dumb money is fleeing the market, a bottom isn't very far away. Dumb money, which is a heck of a lot of investors, misses the mark⟳ on both sides.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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