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by panphora 266 days ago
You're cherry picking the tech titans that made it out of the Dot Com boom alive. The NASDAQ-100 had to replace 36 of its components between 2000-2002 due to bankruptcies and delistings - nobody knew in 1999 which companies would be the survivors.

The NASDAQ topped at 5,048.62 on March 10, 2000. It took 15 years for the NASDAQ to recover to its dot-com peak level. In those 15 years, you got an inflation-adjusted negative annualized ROI.

Annualized return of the NASDAQ from the 2000 peak to today is an inflation-adjusted 3.4%. Even "sure thing" blue chips like Cisco and Intel still haven't recovered their 2000 peaks in real terms, 25 years later.

1 comments

    You're cherry picking
Microsoft was the largest public tech company by far in 1999. So I wouldn't call that choice cherry picking. And wasn't Amazon with about $30B market cap the largest internet pureplay at that time?

    nobody knew in 1999 which companies would be the survivors
How do you know that?