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