[WhitneyLand]

Let me give an example of why I think it’s true, the difference between our opinions may be based on tightening up the premises for “diversified” and “time horizon”

By diversification I’m assuming a NASDQ index fund, which many of the hot new Internet stocks, as well as larger establishes tech companies benefiting from bubble were part of.

If you invested in NASDAQ everything at the absolute worst peak of the bubble: - The initial crash put you at -78% return - It took 21 years to recover all loses and earn a 300% return.

Why do you think that’s not “doing well” for a index fund closely tracking the bubble?

You could say alternative scenarios would’ve done better but that’s always the case.

The main point is, for someone with a long time horizon who was diversified, this turned out way way better than a lot of other bubbles turned out.