(adjective) Whenever a person makes an obviously unwise business decision that will undoubtedly bring harm to them in the immediate or not too distant future.
Robert's fucking out there, the fucking piece of shit is bent like Trent and ripping everyone off he can, slinging that fake H that's already put a few cats down for the count. He's gonna end up deep-sixxed sooner rather than later, and that's probably for the best.
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. Penguin Books,1992. p. 38)