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Re: stockmasterflash post# 130142

Tuesday, 12/12/2017 10:50:53 AM

Tuesday, December 12, 2017 10:50:53 AM

Post# of 220868
This board should hold an annual Dot Com Bubble Remembrance Day. Amid Bitcoin mania this might be a good time for it.

When I started investing I went to our local library to read the newspapers from October 1929 to watch The Crash unfold. Dot Com insanity was even worse, although without the 90% margin of the 1920s. The legions of 1990s stock newbies soon suffered terribly -- there were many bankruptcies -- but most geezers were fairly unaffected.

Maybe someone should create an online museum of the most ebullient threads from 1999. Easy to forget years later the extraordinary valuations for utterly unseasoned businesses. The biggest red flag for me back then was how tech firms were almost always able to beat Street earning/revenues predictions by a penny or two every Q.

That's something only scam investments can do.

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