In Reply to: I think this will be more like the dot-com bubble. posted by mh on July 11, 2026 at 19:30:10
I was listening to an analyst on Prof G a few months ago who argued that if you had invested in the largest technology companies before the dot-com crash—and simply held on—even though some companies became total losses and others underperformed for decades, the extraordinary gains from winners like Amazon and Microsoft would have been enough to produce a strong overall return for a diversified portfolio.
The NASDAQ fell 78% during the crash and took 15 years to recover. Amazon fell 95% and Microsoft fell 74%.