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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 2mo 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 2mo 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 2mo 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