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10 of the worst Wall Street calls in history

GOBankingRates Logo By Lou Carlozo of GOBankingRates | Slide 1 of 11: Many a family has a story about the bad investment advice dear Uncle Ralph doles out at the holiday party — which is often the worst investment advice you can take, period. That’s to be expected. However, when the so-called wizards of Wall Street make big investment mistakes, and fortunes are lost, many are left wondering how a pundit who is supposedly so smart about the market could make such a bad call.Whatever the reason might be, there are many examples proving the experts can get it wrong, and spectacularly so. Click through to see 10 of the worst opinions offered in Wall Street history.

A bull market for bad advice

Many a family has a story about the bad investment advice dear Uncle Ralph doles out at the holiday party — which is often the worst investment advice you can take, period. That’s to be expected. However, when the so-called wizards of Wall Street make big investment mistakes, with fortunes on the line, many are left wondering how a pundit who is supposedly so smart about the market could make such a bad call.

Whatever the reason might be, there are many examples proving the experts can get it wrong, and spectacularly so. Click through to see 10 of the worst opinions offered in Wall Street history.

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