Top Definition
The Waterloo Hobbit is the shortest man in real-estate, you can spot the Hobbit by his bad polyester suits, half mustache and obsession with donairs. The Hobbit claims to be polish but is actually a chug who was born in a shopping cart. The Hobbit has adopted the name Mike Black and enjoys playing Bum darts with amish people in Waterloo. Hobbies include tranny porn, rain dances and country music.
Look at the Waterloo hobbit Mike, doesn't he have any idea his fly is down? Did you know that little hobbit was caught looking up dresses on the Carabana festival 2003!
by Gary Peterman May 29, 2008

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