Finance:Lumpeninvestoriat

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In discussions by financial pundits, especially online but also in the printed press, the lumpeninvestoriat is the masses of common investors.

The word is combination of lumpenproletariat and investor. It is often applied by contrarian writers in a derogatory sense, with the implication that the masses of investors tend to blindly follow trends without regard to the underlying dynamics of the financial markets, often with long-term disastrous results.