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See, I told you so...

Isaac Newton was a genius, but even he lost millions in the stock market

Elena Holodny Updated Nov 10, 2017, 10:37 AM PST

Isaac Newton was one of the smartest people to ever live.

But there's a big difference between being a smart physicist and smart investor.

And, unfortunately for him, Newton learned that the hard way.

In an updated and annotated text of Benjamin Graham's classic "The Intelligent Investor," WSJ's Jason Zweig included a small anecdote about Newton's adventures with investing the South Sea Company:

"Back in the spring of 1720, Sir Isaac Newton owned shares in the South Sea Company, the hottest stock in England. Sensing that the market was getting out of hand, the great physicist muttered that he 'could calculate the motions of the heavenly bodies, but not the madness of the people.' Newton dumped his South Sea shares, pocketing a 100% profit totaling £7,000. But just months later, swept up in the wild enthusiasm of the market, Newton jumped back in at a much higher price — and lost £20,000 (or more than $3 million in [2002-2003's] money. For the rest of his life, he forbade anyone to speak the words 'South Sea' in his presence."