Lemming

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Lemming

An investor who follows the crowd without doing sufficient (or any) research on his/her investments. This almost inevitably leads to significant losses. The term has a negative connotation because a lemming (the animal) has a reputation for following his pack off of a cliff.
References in periodicals archive ?
Assuming there is no massive systemic sub-plot (he said lemming-like), current market prices indicate that Mr Market is close to "depression-mode".
I can't understand why they argue so forcibly for things to remain as they are, to keep on consuming and wasting (as we head, lemming-like, to the edge of destruction).
Yet, despite all this, it seems that as a society we are heading lemming-like towards a health timebomb with our eyes wide open.
Meanwhile, I'll be ignoring the lemming-like tendency to spend purely for spending's sake.
Equally, I have not noticed any queues of removal lorries full of pensioners' household effects as part of a lemming-like rush from Eastbourne to Bridgend.
Even more curious is the fact that these lemming-like punters were after almost any jockey as long as he wasn't called Kieren Fallon.
Mark my words, one day we will have cause to regret this lemming-like rush towards a drug-fuelled society.
Since horses follow a herd instinct (jockeys, too, some might say), this inclination towards lemming-like over- exuberance early on in a race -inducing the same potential for self-destruction-is exceedingly difficult to curb.
It beggars belief that intelligent people want to become part of this lemming-like mindlessness.
"The common wisdom about the unremitting sexism of popular culture, and our lemming-like acquiescence to it, can't be quite right," she says, since girls who devoured the media's offerings soon became feminists.
It's the bookmaker's job, you see, to frame a market that will attract two-way money and they know that British punters, who have for years swallowed the kind of bilge Gray and his ilk served up on Wednesday, will lump lemming-like on Fergie's boys if they see anything better than odds-on.
In this way she hopes to stem the lemming-like rush among the young to weekend boozing and then, on becoming falling-down drunk, to hospital.