Definition

Noun: - An exceptional ability to make and manage large amounts of money; a talent for generating wealth or ensuring financial success. This term describes a person's seemingly magical or infallible capacity to turn any business venture or investment into a profitable one. It originates from the Greek myth of King Midas, who was granted the power to turn everything he touched into gold.

Usage

The term "Midas touch" is used to describe a person, organization, or even a period characterized by consistent and remarkable financial success. It implies a natural talent or lucky streak in monetary matters. - It is typically used as a singular noun phrase. - It often appears with verbs like have, possess, or lose.

Examples

Advanced Usage

• "To have the Midas touch": This is the most common construction, indicating the possession of this ability.
  • In the world of venture capital, she is renowned for having the Midas touch.
• The concept can be extended metaphorically beyond pure finance to describe consistent success in other fields, though the core association remains with wealth creation.
  • The director has the Midas touch; every film she makes is both a critical and commercial hit.

Variants and Related Words

• Golden touch: A near-synonymous phrase with the same meaning and mythological origin.
  • His golden touch in real estate is legendary.

Synonyms

• Knack for making money
• Flair for business
• Money-making genius

Idioms and Phrases

The term "Midas touch" is itself an idiomatic expression. A related cautionary concept from the same myth is: - The Midas touch can be a curse: This refers to the downside of the original myth, where Midas's gift turned his food and loved ones to gold, implying that the relentless pursuit of wealth can have negative consequences. - He made billions but was utterly alone; it was a case of the Midas touch being a curse.

Noun

1. an ability to make and manage large amounts of money