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Most dot-com stocks went to 0. There's a famous "99 percent club" of stocks that became wallpaper.
by blindriver 4y ago
Most dot-com stocks went to 0. There's a famous "99 percent club" of stocks that became wallpaper.
- chii 4y agobut if you followed the advice of modern portfolio theory, you would've purchased a diversified set of stocks (cap weighted) during the dotcom bubble, including companies such as google, amazon, and apple. I think even if 99% of the purchases went to zero, you'd probably still be ahead if you're diversified properly.
- cma 4y agoGoogle went public in 2004.