I took a quick look at tech companies that went public in the 80s up to today (1) and it's not as simple as Scott makes it out to be. The annualized returns are

I took a quick look at tech companies that went public in the 80s up to today (1) and it's not as simple as Scott makes it out to be. The annualized returns are comparable now to what they were in the "glory days" due to companies like Tesla and Netflix but the massive long term returns are going to be harder/impossible to achieve. Sure we may not have the chance for another Microsoft going public but there's still opportunity, it just takes a bit more effort and moving money around more frequently. 1. The post itself is not 100% relevant but the table of returns is worth taking a look at: http://dangoldin.com/2013/05/24/investing-in-tech-stocks/ http://dangoldin.com/2013/05/24/investing-in-tech-stocks/