Most companies failed, not necessarily most investors. If you'd put your money into a Nasdaq based index fund in 1998 (that reinvested all dividends), you woul

Most companies failed, not necessarily most investors. If you'd put your money into a Nasdaq based index fund in 1998 (that reinvested all dividends), you would have a pretty good return up to today. Most good investors either spread out like that, or are very good at reasearching what companies have real promise and what do not.