Who has lost the most money ever on the stock market?

5 July 2022

In the world of markets and trading just as profits take place on a daily basis, losses are also recorded on a daily basis. It may be a common phenomenon, but people only want to talk about the moments they earn, because those are the moments they most need to remember. After all, everyone wants to sound smart and profitable, right? 

Few insist that tough times are the ones that make us wiser! Mistakes can be made daily, history can repeat itself, and few are those that can prevent events and stand out from the difficulties of the markets. Those who win will have the best memories to accompany them with their trading careers.

What could possibly be your worst feelings during online trading? 

To lose everything without being able to get back everything you lost! Are you one of the many who lost a huge amount of their savings during the Great Recession? How did you feel back then? The Great Recession describes the economic downturn between 2007 and 2009 following the bursting of the real estate bubble in the US and the global financial crisis. The Great Recession was the worst economic downturn in the United States since the Great Crash in the 1930s. The Wall Street crash, also known as the Great Crash, was a major American stock market crash that happened in the fall of 1929. 

1987 Black Monday Crash - This was one of the times many traders would like to forget. The stock markets have dropped by about 20% to 30%, which has dramatically overthrown the plans of many aspiring investors. What is the biggest mistake made by many at this time of uncertainty and misinformation? They borrowed to buy more stocks during a period of confusion and as traders, you should know that decisions taken on the basis of "noise trading" can be disastrous.

"Noise trading" typically occurs when ill-informed investors, trade on noise as if it were news or valuable information, and then it was a period where investors from all over the world have inferred information in a self-strengthening contagion of fear. Moreover, the largest decrease in world markets was recorded in Hong Kong, down 45.8%!

Who's lost the most to the stock market?

DotCom’s bust and mortgage crisis have also caused huge losses for some investors, unlike others who were able to win a lot. Japanese investor Masayoshi Son, founder of Softbank, is one case that could be discussed at this stage. During the dot-com bubble(1999), Softbank held a market capitalization of $200 billion, making Son's shares worth approximately $78 billion. However, in less than two years, it lost 95% of its value, resulting in Masayoshi losing more than $70 billion in personal assets, one of the largest personal financial losses ever reported.

But what’s the most interesting fact in the story of Masayoshi Son? 

Since Son founded SoftBank in 1981, he's invested hundreds of times. The majority may have failed, but a hit was enough to advance his career. His reputation was built primarily through his $20 million investment in Alibaba Group in 2000, which was valued at $130 billion in 2018!

What’s more? 

In October 2021, the Bloomberg Billionaires Index estimated Son's net worth at $23.1 billion! He was then the second richest man in Japan, while in May 2022, Son was placed 74th on the Forbes list of The World's Billionaires 2022.

Few of the biggest Stock Market Crashes in History (1929-2022)

History has taught us that markets can rise or fall. Much money is lost by some and much is gained by others. But what is the conclusion and what could be the answer to our initial question? Let's say Masayoshi Son! And what is the lesson from his story? 

No matter how often you lose, no matter how much you lose in a single day, the only thing that counts is finding that 1 good shot that could make you succeed! And that's why brands and trading companies like XPro Markets have emerged, to give you all the resources you'll need to help you find that 1 good shot!

#source

Share:


Related

Economic Events Impacting Global Markets in H2 2023

Economic Events Impacting Global Markets in H2 2023Amidst a backdrop of a frailing global economy, many uncertainties are shadowing the capital markets as we step into the second half of 2023. The possibility of an intensified food crisis and varied factors influencing European currency...

27 Sep 2023

Redefining Market Boundaries: In-depth Exploration of Support and Resistance Levels

Redefining Market Boundaries: In-depth Exploration of Support and Resistance LevelsSupport and Resistance levels serve as the backbone of technical analysis, offering an approach that is conceptually intuitive yet challenging to master effectively...

25 Sep 2023

Mastering the Cryptocurrency Market: Five Essential Trading Strategies

Mastering the Cryptocurrency Market: Five Essential Trading StrategiesCryptocurrency trading is a rapidly evolving field with a constant influx of new digital assets. As the interest in cryptocurrencies continues to grow, finding the right trading strategy that suits your style becomes crucial...

21 Sep 2023

Six Key Economic Events to Watch in the Second Half of 2023

Six Key Economic Events to Watch in the Second Half of 2023As we navigate the dynamic landscape of the global economy in the second half of 2023, there are several critical events and factors that investors and traders should keep a close eye on. In this article, we will discuss three of these events and their potential impact on the financial markets...

19 Sep 2023

ECB Decision Looms: Euro's Lose-Lose Situation

ECB Decision Looms: Euro's Lose-Lose SituationToday's spotlight is on the European Central Bank's (ECB) decision, where markets have priced in a 65% probability of a rate increase. Despite various leading indicators hinting...

15 Sep 2023

Masters of the Cryptocurrency Market: Influential Figures You Should Know

Masters of the Cryptocurrency Market: Influential Figures You Should KnowCryptocurrency influencers are individuals who hold significant sway over market participants, and their words can move the needle on digital asset valuations...

13 Sep 2023

Find the right Forex Broker or Application

Forex Nominations 2023