Gunslinger

AAA

DEFINITION of 'Gunslinger'

A slang term for an aggressive portfolio manager who uses high-risk investment techniques in an attempt to produce big returns. Rather than considering the long-term value of the company underlying a stock, gunslingers look at a stock's momentum and seek to benefit from short-term trades based on sharp movements in a stock's price.

INVESTOPEDIA EXPLAINS 'Gunslinger'

Gunslingers are very aggressive in their trading strategies, often using leverage and margin accounts to shoot for higher returns. They may achieve some spectacular payoffs, but usually in the long run, their portfolio losses will often outweigh their gains, as is the case with most active investment strategies. Investment manager Fred Alger was considered a gunslinger in the 1960s bull market.

VIDEO

RELATED TERMS
  1. Aggressive Investment Strategy

    A portfolio management strategy that attempts to maximize returns ...
  2. Hedge Fund

    An aggressively managed portfolio of investments that uses advanced ...
  3. Fund Manager

    The person(s) resposible for implementing a fund's investing ...
  4. Leverage

    1. The use of various financial instruments or borrowed capital, ...
  5. Mutual Fund

    An investment vehicle that is made up of a pool of funds collected ...
  6. Portfolio Manager

    The person or persons responsible for investing a mutual, exchange-traded ...
Related Articles
  1. The Uses And Limits Of Volatility
    Markets

    The Uses And Limits Of Volatility

  2. Handcuffs And Smoking Guns: The Criminal ...
    Options & Futures

    Handcuffs And Smoking Guns: The Criminal ...

  3. Basic Investment Objectives
    Options & Futures

    Basic Investment Objectives

  4. How To Outperform The Market
    Trading Strategies

    How To Outperform The Market

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center