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I sold my Sun stock at the internet bubble top for $70 a share. A few months later it was $7. I think of that when I see PE ratios in the hundreds for Tesla, Sp
by labrador 5d ago
I sold my Sun stock at the internet bubble top for $70 a share. A few months later it was $7. I think of that when I see PE ratios in the hundreds for Tesla, SpaceX and other AI stocks.
- nradov 5d agoGood timing. But on the other hand if you had sold AAPL, MSFT, NVDA, ORCL, AVGO, ADI, KLAC, LRCX, etc at the Internet bubble top then you would have missed out on huge gains since then.
- metaphor 5d agoScott McNealy had a few choice words in retrospect[1]. [1] https://news.ycombinator.com/item?id=40950311 https://news.ycombinator.com/item?id=40950311