This was undoubtedly the year of volatility. The Dow Jones Industrial Average moved more than 200 points on 16 different days, but was still up only about 6% for the year through late December. Meanwhile, Treasury prices moved way up and financial stocks went kerplunk.
With such wild swings becoming the new normal, it was easy to be on the losing side of the market's irrationality day to day.
The worst calls of 2011 were ones where well-known investors (or in the case of a certain airline, nearly all of Wall Street) made big bets that went horribly wrong. Here are the five biggest investing blunders of the year.
|Jared Fogle's ex-wife sues Subway, alleging it failed to alert authorities he was pedophile|
|Obamacare premiums to soar 22% on average|
|Obama: We have no idea who carried out huge cyberattack|
|Kim Kardashian West drops Paris robbery lawsuit against MediaTakeOut|
|She's been sexually assaulted 3 times--once in virtual reality|