This is the opposite of the Midas touch. The eugene touch it a common finance term to describe when a person gets involved in the same investment at you and that investment gets ruined.
Hey did you hear that Joe owns a bunch of ETH now. He says its going to 5k, but the Joe has the Eugene touch so it will most likely be investigated by the government and go to Zero.
Ruler of Lake Titicaca. Rumored to have a bunghole that gets very angry if it does not receive toilet paper. Cornholio the Great is often seen walking around with his shirt over his head and his hands in the air, chanting songs about his power, and his bunghole.
"I am Cornholio! You do not want to face the wrath of my bunghole, for I need TP!"
Butthead: Shut up, Beavis! (uh huh huh huh)
Beavis: Um, okay. (heh heh heh heh).