Meaning of momentum junkie | Babel Free

Definitions

1. Somebody whose motivation is dependent on momentum factor investing.
   slang
2. A road user flaunting his prowess to get ahead of other traffic participants.
   nonstandard

Examples

“Jason brought forth the fundamental criticism that very few managers are able to turn⟳ their trades quickly, but instead tend⟳ to throw⟳ more money at existing allocations. I also ask⟳ myself if people are simply momentum junkies; unable to go short, and only willing to take⟳ long positions.”

“[M]any bicyclists are momentum junkies. They hate⟳ to get⟳ off their bikes, as you can verify at any red light⟳ where they are forced to stop⟳. They think⟳ they have⟳ a privileged right to forward⟳ motion, and they have⟳ elaborate internal rationalizations for breaking the law. This leads to a peculiarly self righteous world view⟳, in which bicyclists demand⟳ the right of way from motor vehicles, but refuse⟳ to surrender⟳ it to pedestrians, as specified by law. […] Dr. Morton Grosser is a financial consultant who lives on Lemon Street in Menlo Park⟳.”

CEFR level