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by lambda_lover
2851 days ago
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Actually, Toys R Us went bankrupt through a buyout:
https://www.bloomberg.com/view/articles/2018-03-27/toys-r-us...
Basically, they were forced to take on a lot of debt to go private at a critical inflection point where competition was starting to undercut their pricing. Then they couldn't invest in anything else to fight their competition because they already had far, far, too much debt. So I'd be skeptical to say there's something inherently wrong with non-tech stocks. You may have just lucked out and invested in tech stocks during one of the worlds largest bubbles (or just bull runs? Hard to say!) |
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