At the start of this list, we talked about Chile losing millions in released currency because of a spelling error on a coin, but that is not the only mistake that caused the Chilean government to lose millions of dollars. In 1994, a former copper trader named Juan Pablo Davila was working for a government owned company called Codelco, and one day while the stock market was open, he bought stock that he was actually supposed to sell. To rectify this mistake, Davila for some reason went into a trading frenzy, and by day’s end, he bought and sold stocks in such a terrible way that his company ended up losing 175 million dollars. Unsurprisingly, Davila was fired because of this, and even though this mistake took place when online trading was still relatively new, there is no excuse for losing THAT much money; which is why this blunder led to the creation of the term “Davilar”, which in the trading world, is used to describe a massive screw-up.