momentum junkies

Noun

momentum junkie (plural momentum junkies)

1. (slang) Somebody whose motivation is dependent on momentum factor investing.
   • 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.2009 November 9, George Main, “Canada 2009”, in Opalesque Round Table Series, page 14
2. (nonstandard, transferred) A road user flaunting his prowess to get ahead of other traffic participants.
   • [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...2001 September 11, Morton Grosser, “GUEST OPINION: Another angle on car-bike protocol”, in The Almanac