I was there during the crypto-bubble, the housing market bubble, but I don’t have any memory of the internet/dotcom bubble, and I was not alive during the rail-road bubble.
However, I want to know what the thoughts of the people were during that time. During AI, that fact that it’s a bubble is more apparent but during the housing and dotcom, I feel like it was more subtle (or I am too naive).
Does anyone have any personal experience of what it was like at that time? Were people as skeptical as they are today? What were they right/wrong about? Were the attitudes different? What changed after the crash?
Thanks!
At the time it was a huge risk. I had a small bonus from my job I sat on from January to March 2020, but also took a loan from my Roth 401k, but I was fairly certain about my research. The bet I made was that I wouldn’t have a catastrophe in my life in the 2-3 years I knew I’d have to wait for the market to recover in order to make the investment worth it.
If I’d known Donald would declare war on Iran I’d have held it even longer. Oh well.