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Twelve of The Biggest Trading Losses in History
If you are feeling down about any trading losses then this article may put your losses into perspective. Here are 12 of the biggest trading losses of all time. #12 German billionaire Adolf Merckle, one of the 100 richest people in the world, has killed himself by jumping in front of a train—emotionally “broken” over a bad bet on Volkswagen last year. Merckle’s business interests came out on the wrong side of last year’s short squeeze of Volkswagen. Rival Porsche silently cornered the market on Volkswagen shares, and when they revealed the extent of their stake, the price of Volkswagen stock shot up to ... (full story)
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