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one who thinks they are the greatest person alive (usually male)
You aint no hot shit, but you deserve a reward.
Hot Shit by Light Joker April 10, 2005
A shit so hot that it burns your asshole

often times caused by consumption of spicey foods
hot shit by J to the Lee April 3, 2004
a slang term for semen, coined because a) semen has an extremely warm temperature upon ejaculation b) semen is emitted in response to the physically attractive or "hot."

while not technically shit, semen is still an excretory substance. the only difference is that people are more willing to have semen on their bed than feces.
"Jennifer didn't even hesitate to lick my hot shit off her luscious lips."
hot shit by JohnnyLurg September 20, 2012
The "Best". Similar to The Shit.

"Hot Shit" and "The Shit" both originated as inner-city terms to describe high-quality people, women, items or drug substances. IE, "this joint is HOT Shit."

The terms Hot Shit and The Shit are both very interesting oxymorons. The amusing part of it is that without "Hot" or "The", an entirely different meaning applies. For example: His shirt is "shit" = an ugly, crap shirt. -VERSES- His shirt is "hot shit" = a kick-ass, awesome shirt. The words "hot" and "the" denote the superiority.
Allison - "Hey, Afton, where did you get that Hot Shit T-Shirt with that nasty-cool "Fuck The World, I Eat My Sister" artwork on it?"

Afton - "What? Don't you know, Allison? Everybody who's rude-cool and halfway-hip gets their t-shirts at "World Famous" Evan Steel's HotShitShirts.com!"
Often placed all over one's chest in an expression of joy over an exceptional event.
man wins lottery: "Oh, hot shit all over my chest"
Hot Shit by Harry Johnson II October 3, 2005
man: "Agatha, what shall we have for breakfast this morning?"
woman: "Spotted goat dicks with hot shit dipping sauce my dear."
man: "Lovely and refreshing."
Hot Shit by Anonymous October 1, 2003