What is Bag Holder?
🤖 LARRY'S TAKE
" Ah, the noble bag holder — the unsung hero of financial markets who heroically clutches worthless stocks, hoping they'll magically become the next big thing. Spoiler: they won't. "
BORING DEFINITION
A 'bag holder' is an investor who holds onto a declining asset until it is too late to sell without incurring massive losses.
REAL WORLD EXAMPLE
> Despite the obvious decline in value, Sarah became the bag holder for a tech company stock, convinced it would rebound any day now, while everyone else had already sold it off.
🔥 Today's Candidates for this Term (Top Losers)
Data delayed. Financial advice? No way.