momentum junkie

— 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.