Australian colloquialism used to describe a certain type of person who is both obnoxious and ignorant in their actions, to the detriment of themselves and others around them.
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1. An amatuer investor who buys stocks based on hype and a total lack of understanding for market conditions, valuations and long term strategy.
2. A person who dumps all of their life savings into the stock market and then tries to convince everyone they know to do the same thing in the hopes that it will create enough hype to create a short term growth bubble.
2. A person who dumps all of their life savings into the stock market and then tries to convince everyone they know to do the same thing in the hopes that it will create enough hype to create a short term growth bubble.
Mike: Bro you see what Duke just did?
Steve: No what?
Mike : That DUMB APE just dropped his savings into some ev startup thats been super hyped and hasn't even sold a car.
Steve : Ugh so should we buy some?
Mike : Umm I guess...
Steve: No what?
Mike : That DUMB APE just dropped his savings into some ev startup thats been super hyped and hasn't even sold a car.
Steve : Ugh so should we buy some?
Mike : Umm I guess...
by pympkane December 6, 2021
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You stupid dumb hole.
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