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by blindriver 1322 days ago
Most dot-com stocks went to 0. There's a famous "99 percent club" of stocks that became wallpaper.
1 comments

but if you followed the advice of modern portfolio theory, you would've purchased a diversified set of stocks (cap weighted) during the dotcom bubble, including companies such as google, amazon, and apple.

I think even if 99% of the purchases went to zero, you'd probably still be ahead if you're diversified properly.

Google went public in 2004.