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Barefoot Pilgrim

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Barefoot Pilgrim
Slang for an unsophisticated investor who loses all of his or her wealth from trading equities in the stock market.

Notes:
Being labeled a barefoot pilgrim is far from enviable. It is usually the result of taking on more risk than necessary or entering investments carelessly, without doing the proper research.


Barefoot pilgrim
A slang term for an unsophisticated investor who has lost everything on the stock market. Not to be confused with Barefoot Investor.

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