Description: In the wake of the 2008 market crash, a growing number of individual investors jumped into currency trading under the impression that it was a safer bet than stocks. On Thursday, investors learned just how wrong they were.
Source: Fortune.com
Date: Jan 16, 2015
Link: http://fortune.com/2015/01/16/swiss-franc-400-million-losses/
Questions for discussion:
- What are the lessons investors should take away from this fiasco?
- Was there a way for the firm to avoid or mitigate this scenario?
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