Meaning of dumb money | Babel Free
Definitions
Individual, noninstitutional investors considered as a group; by extension, the money invested by such people.
collective, uncountable
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.