The Dot-Com Bubble - Wall Street History

Подписаться 785 тыс.

Просмотров 334 тыс.

50% 1

The Dot-Com bubble was one of the largest speculative bubbles in U.S. stock market history. Here's a quick history lesson on what it was like twenty years ago.
The Dot-Com Bubble was a major economic event that ultimately led to a three year bear market. The Dot-Com Bubble started in the 1990s with a rapid wave of new internet companies going public by IPO. Many of these dot-com stocks while unprofitable, skyrocketed in value. In this video, we explain what caused the Dot-Com Bubble and some of the lessons we can learn from it in order to spot future stock market bubbles and crashes. We discuss if todays stock market resembles the dot com bubble.
If you like this video you might also enjoy:
My video on the Mississippi bubble at this link: • John Law - The First F...
Day trading in the 1990’s • Day Traders To Billion...
The financial crisis of 2008 • What Caused The Financ...
Patreon Page: / patrickboyleonfinance
Patrick's Books:
Statistics for Traders: amzn.to/3eerLA0
Financial Derivatives For Traders: amzn.to/3cjsyPF
Corporate Finance: amzn.to/3fn3rvC
Visit our website: www.onfinance.org
Follow Patrick on Twitter Here: / patrickeboyle
Ravi Suria Amazon Report: www.shareholder...

Опубликовано:

15 сен 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 623

@PBoyle 3 года назад

Thanks to our growing list of Patreon Sponsors and Channel Members for supporting the channel. www.patreon.com/PatrickBoyleOnFinance Marc De Mesel, Annie Chen, Nate Stapleton,Timothy Baird,Cab1260, WIlam, Robertas, Hernan Merino, Random Encounter, Nieuwsbrief Ikwil, Bee Positive Consulting, hyunjung Kim, John Cadena, Ian Tracey, A Smith, Callum McLean, Oscar, Simon Pena, Alexander E F, Cyrus Yari, Ed, Pavle Obradovic, Erik Van Ekelenburg, David O'Connor, Zak Patterson, Ki Ryu Chan, Pjotr Bekkering, Drew, Ivaylo Kunev, Alex, Robert W Proudfoot, EatEmAll, Michael Boensel, pooh shmoo, Robert Muller, Andre Michel, Ivan Iliev, Gopaljee Atulya, Milan Tomic, Mark Hooker, Artem Vasenin, P H, Mathews Sebonego, Sebastian, Michal Lacko, David Urdenata, Juan Valdez, Bruce Roberts, Chad Norman, Bruce Roberts, Shamikh Rana, Friday Guy, Marc De Mesel, Augusto Ramos, Soy Boomer Doomer, Bob Slartabartfast, Robert Feiler, Camil Dbouk, Erik Montesinos, Matthew Loos, Az Indragiri, Aman Bali, Lautaro Parada, Pratap, Deborah Joseph, Robin Sung, VicMR, Yann M and Kurt Johnston.

@fnfn9199 3 года назад

I love your content, ima be a hedge fund manager one day

@petersuvara 3 года назад

Great content might want to invest in some flood lighting.

@black13078 3 года назад

Hey Patrick, what is that watch you are wearing?

@Kid_Named_Finger_ 3 года назад

Hey that's me! Thanks for the great content.

@floridaray3380 2 года назад

Trying to learn from the past for up and coming economic crisis in America. Your videos have come a long way.

@alhollywood6486 3 года назад

I was a floor trader at the CBOE during this time, it was madness. Everything went up, everyone got rich....Until they didn't. Paper millionaires never took anything off the table. The echoes today are obvious.

@johnl.7754 3 года назад

Well one difference is that the fed is still actively pushing the market up.

@andrewyork3869 3 года назад

@@JasonJason2020 some people learn from mistakes others don't. I strongly suspect that there will be a wave of mass failures in the next economic downturn. Was it JCP that returned 99% losses on there bonds? Regardless we can hope that this does not become a new normal.

@alhollywood6486 3 года назад

@@JasonJason2020 he also showed a picture of the fake Nikola truck at the same time he said that. It was a joke.

@kingkang6877 3 года назад

I was in college during that time. What is your gut feeling on when things will pop? I'm getting the feeling of this time last year when I was thinkng "what in the world would make this market fall since it's been going up for years?" (Then COVID happened)

@diegorivera6500 3 года назад

@@JasonJason2020 have you watched the video mate? It says that at the end.

@iammattc1 Год назад

I briefly worked with someone who had funded his friend's start up in exchange for stock. It kept going up and up, and it reached £20 million at one point. He went to the owner of the company he worked at and asked what he should do. The owner told him to sell half and keep half, that way he'd be rich, and if the stock kept going up he wouldn't lose out. He didn't. He looked at as he'd only make half as much more money when the stock went up further Then the stock dropped. When his stock was worth £18 million, he thought about selling it all, but looked at it as losing £2 million instead of gaining £18 million In the end he didn't even get his initial investment back.

@jullietmburu9672 Год назад

Someone gave me the same advice, but for my heart 💖 I'm Investing wisely now

@FogelsChannel Год назад

@juliet then don't invest your heart with iammattc's friend, he's broke.

@jullietmburu9672 Год назад

@@FogelsChannel 😂😂

@Caryll_byrgenwerth-scholar Год назад

Ahh, the good old "not yet... welp it's too late now".

@ultraboombean Год назад

Dang man... yep overshoot the sun.

@AllenZee 3 года назад

This is literally 6-9 months of solid research crammed into 23 minutes. Well done as always Patrick. Thank you for doing this public service. Keep up the great work brotha !!!!

@rabidbigdog Год назад

Hmmmm. Pop off and search for Frontline's Dot Con docu.

@erichkitzmueller 2 года назад

I remember when back then, having a low cash burn rate (or even making profit) was considered bad, because it meant that management did not pursue growth aggresively enough.

@kingbonezai4925 Год назад

Still the method of start ups today…

@Boredoutofmywits Год назад

@@kingbonezai4925 true that. There is good growth and bad growth.

@markomak1 Год назад

Sounds familiar ...

@picketf 7 месяцев назад

I worked in risk evaluation for big capital. When interest rates were near zero and then turned negative wherever you parked your money was fine as long as it wasn't generating immediate return. Nobody trusted short term yields and if your investment strategy included it they always wanted a short horizon before switching back to low interest long term contracts. When interest rates started to pick up again the long term strategy barely managed to follow short term yields and write offs or contract breaches incurring heavy fines were employed to return liquidity and profitability.

@neonglowmusic 3 года назад

Legendary rock star William Shatner. I love how you speak with such unironic authority.

@kalleoakoskinen 3 года назад

And "also a Star Trek actor" thrown in like an afterthought :D

@richardhp77 3 года назад

That joke was delivered so dead-pan it took me about 20s for it to register.

@RED-jg6mt 3 года назад

lol

@Radean1 3 года назад

Deadpan delivery - a hallmark of British humor!

@JustChillingOnTattoine 3 года назад

Savage man, just savage 🤣

@David.Marquez 3 года назад

A lot of this retelling of the dot-com bubble reminds me of the phrase "History doesn't repeat itself, but it rhymes". Awesome video as always!

@steamknife1 3 года назад

That's a good phrase.

@lampshade5449 3 года назад

Would you agree that history is going to rhyme again with EVs market this time?

@skylinecams7851 3 года назад

@@lampshade5449 Yes, a lot of parallels with 99, people hyping up stocks and jumping into anything because they think everybody else is getting rich, a lot of new companies going public via SPACS and seeing huge valuations. I recently read on a forum re the ev bubble "don't give me any bs about PE this isn't the 1950s, its impossible for these stocks to go down teslas going to 5000 this year and that isn't even a stretch" people seem to be completely detached from reality.

@NoName-to5xl 2 года назад

I think it's repeating , crypto and defi have minimal differences from this story.

@stephenchurch1784 2 года назад

"But this time it's different" ™

@mellusk9194 Год назад

The Y2K Panic also ran parallel to the DotCom bubble, which also funneled a lot of money into technology upgrades across many different industries.

@specialc 3 года назад

That e-trade commercial at the end was a real tearjerker.

@mangos2888 Год назад

I turned 18 in 1999 and this is the first video to make me feel grateful that I, at best a retail investor at the time, missed out on the boom & bust of the tech bubble. Interesting story. We still can't get rid of those e-trade ads during the superbowl! 😂

@tiagosawyer 2 года назад

Great vídeo Patrick. Just one small thing, Elon wasn't the founder of PayPal. He joined PayPal via merger with Xpay. A common error that everyone makes. Cheers.

@BeastOfMetal1989 3 месяца назад

Funny, I always figured he would've called it PayX...

@WillN2Go1 3 года назад

Good video. I hope all the Millennials watch it (not because they're doing anything wrong, it's just really important recent history.) When I invested in Apple, Google and Amazon in 2008 more than a few people were either worried for me or thought I was taking a huge risk. The Dot-Com Crash 8 years on was still a widespread popular concern. When the 2008 crash hit, I had a moment, then I shrugged (a bit nervously) remembering what Warren Buffett went through with American Express early in his career. A good company is a good company.

@gumerzambrano 3 года назад

So glad you did the Collab with Coffeezilla!

@likemysnopp 3 года назад

me too!

@taurentsiuz9206 3 года назад

Same, as i got to know him from there and he has grown massively in the last months, which he defenetly deserves

@JuancoPRoFlow 3 года назад

Stfu

@trapOrdoom 3 года назад

Same, I’m here from CFZ.

@GloriosoMD 3 года назад

@@niobull2206 wow, thats amazing, how much was your initial capital? 5 billion?

@joshuadias2468 3 года назад

The Dot Com era is so similar to the Crypto space. Back then Warren Buffet was laughed at, "As an old fool who doesn't understand Technology". Now again people laugh at him, "As an old fool who doesn't understand Technology". The main takeaway. The internet lasted and so will crypto currencies/blockchain. The question is "Which ones?" and "How much are you paying for them?"

@varshard0 3 года назад

Yeah, Microsoft last, but it took so long to go back to its ath price.

@Theo-dj7vs 3 года назад

Whatever.. money is made in bubbles...buffet could not function there.. did he buy into mobile phones? No. He makes money in insurance

@Theo-dj7vs 3 года назад

Not even remotely. You have adopted blockchain tech...its in your hand...wake up...jealous much

@joshuadias2468 3 года назад

@@Theo-dj7vs What are you talking about? Jealous?

@Biskawow 3 года назад

With proof of stake crypto could work. You get returns like from dividends and you eliminate the insane energy consumption problem crypto mining has. I dont know much about the crypto technology but afaik ethereum promises exacly that so we will see.

@UP-To-The-Time 3 года назад

This is truly the best financial education channel....

@linnovate360 3 года назад

Agreed. I feel that Patrick would be an excellent educator at a university

@trapOrdoom 3 года назад

One of the best, check out Steve Saretsky for some Canadian RE.

@samuelmitchell5937 3 года назад

Glad to know that there are others who view the hyperloop as a "pipedream."

@seneca983 3 года назад

It's a literal pipedream even if it happens to turn out to be viable. :)

@samuelmitchell5937 3 года назад

@@seneca983 Now, it's no where near viable, vaporware is the apt description.

@seneca983 3 года назад

@@samuelmitchell5937 I'm also pretty pessimistic about its viability.

@seneca983 3 года назад

@@justcows7772 Potentially a vactrain could be a lot faster than those while being more energy-efficient than a plane. However, it also comes with a host of challenges that can easily render it technically or at least economically unviable.

@hypothalapotamus5293 2 года назад

The hyperloop saved me 15 minutes the other day. I was watching a city council debate on youtube, trying to be a good citizen and figuring out who to vote for. Someone mentioned it as a priority. I skipped past that person for the rest of the video.

@anejsmolic1085 3 года назад

You hit it on the nail with the NIKOLA example. Genius.

@BigJohn6060 2 года назад

As a Lucent technologies founder's grant IPO recipient, I watched as it's stock fell from mid-$80's down to 50 cents range. I was fortunate that I took a buy-out in December of 1999 and was able to exercise my options in the mid-$50 range, still losing thousands, but not nearly as much as my former co-workers, some of whom were foolish enough to put 100% of their 401Ks into Lucent stock. It was heart-breaking to see the damage done to small retail investors and employees.

@Dwightstjohn-fo8ki Год назад

being "all in" is an unnecessary risk for most, especially those without multiple income streams. I'm walking distance to THREE bitcoin mines, buildings dedicated completely to this game. But the owners have deep pockets locally. own cash flow businesses, have their house paid off, and other buildings. Constant posting by someone that's a KID and being given their college fund by Aunt Edna, only to put it ALL into crypto. or some rug pull off some rock star, just amazes me. Risk what you can afford to lose.

@Boredoutofmywits Год назад

Yo didn't lose anything. You cannot lose what you didn't have in the first place.

@katlynklassen809 2 года назад

I really appreciate you man. I can't handle learning from people who are not of the absolute highest capacity in a field and you truly are.

@GoodBoy-qs9we 3 года назад

It's amazing to me, that companies with similar business ideas to Postmates/Grubhub and Chewy, outright failed because they were ahead of their time.

@emmanueloluga9770 2 года назад

Nothing is as powerful as an idea whose time has come

@Deriv44 2 года назад

Timing is everything to early or too late no matter how good the idea will kill you

@totaleXess 2 года назад

Being early and being wrong are very similar.

@roberto.8633 2 года назад

@@totaleXess How so?

@likemy 2 года назад

dont worry, all the ones you mentioned are going to fail too

@itbeat7899 3 года назад

I will come back to watch this video many times more. Thank you for your wonderful work summing up the important portion of US economic history. History doesn't repeat itself, but there is a pattern to be learned.

@ThioJoe 3 года назад

Very nice explanation, appreciate ya 👍

@definitelyannpc2038 3 года назад

Dude.... I've been following you since like 2012!

@spinLOL533 3 года назад

@@definitelyannpc2038 same, I ended up taping two Ethernet cables together

@TheSquirrelSam 3 года назад

Great video Patrick. I was expecting you to refer to Robert Schiller who published his book "Irrational Exhurbernece" in March 2000 the exact same month as the NASDAQ peaked before the fall started. His well argued and fact based explanation of the reasons for the boom helped me a lot at the time and since then. Your video on the concept by Soros of Reflexivity has also been very valuable.

@FURQMEDIA 3 года назад

Patrick- I just wanted to take the time to say thank you for your time creating these videos. I’m working on CFA now and your stats for the trading floor book is very helpful. Can you make a video about overnight index swap trading? The way you explained variance swaps in your videos was super helpful and hoping you can continue to explain these more complex products.

@CleverSmart123 3 года назад

I will watch it later, but I’m already looking forward to it.

@ButterNutter37 3 года назад

Mr. Boyle, I appreciate your videos tremendously! Your ability to smoothly explain complex topics is, in my personal opinion, unmatched on RU-vid! This is my new favorite channel by a mile. Thank you!

@TheSimpleDudeOne 3 года назад

7:22 "I still had a full head of hair" HAHAHAHA

@FriendlyNeighbourhoodLawyer 3 года назад

Elon's revival of his hair is more impressive than keeping Tesla afloat for the last 10 years.

@trapOrdoom 3 года назад

Idk why you have Mr. Clean unless you’re also bald, but if so this comment is 50x’d, also I love the Mr. Clean pic anyways Lmfaooo.

@vincentanguoni8938 3 года назад

I'd trade my hair for teeth any day!!!!

@TheLiquidcure 3 года назад

"Selling pet food online where people would need to wait days tp receive it in the mail made no sense at all" Chewy: *sweats nervously*

@Dwightstjohn-fo8ki 2 года назад

There are items in Canada and esp. rural areas you just can't buy or even order, but needing them is not going to make a company billions.

@Matt-cr4vv Год назад

Well we are adapted to an online shopping model now. We are accustomed to planning a bit ahead and acquiring things online for cheaper. In the days of retail customers weren’t used to that. And the online products weren’t cheaper to give you a reason to make online purchases. Something like an Amazon though offered a product you couldn’t just to grab so it had a reason for customers to shop with them.

@daCubanaqt 10 месяцев назад

Chewy doesn’t sell just food though and they ship pretty fast now.

@mr.marketoriginal3808 3 года назад

Dear Patrick, thank you for this video again. It's insane the similarities between that moment and the current one!

@TheRealLazyBear 3 года назад

Saturday morning + Coffee + weekly trade review + Patrick Boyle

@jonb5493 Год назад

Another good prez P, I thought I'd emphasize a detail that didn't come across re Priceline: their biz-model was exactly that of any travel agency, regarding relationship with the airlines. It was *NOT* a matter of bidding with the airline for the lowest price the latter would sell a flight for. That price was fixed in advance by the same agreement the airline gave to Priceline that they would give to any other travel agent. The punter bids against only priceline, to determine what priceline will let the flight go for, and thus priceline's margin. The airline's price has already been fixed, just like with any travel agency. Moral: Priceline was a plain ol' travel agency, except it also had a couple PCs in the basement run by some lads with blue hair and hawaiian shirts.

@theaccountant5846 3 года назад

I like how you still have your book "Derivatives for the Trading Floor" on your desk lollll.....Good promotion

@ryanl.9341 3 года назад

Phenomenal channel, Mr. Boyle. I have been devouring your content across the past few months; I only wish I was lucky enough to be one of your students, and thus receiving (collegiate) credit for my knowledge binging! Thank you for thorough explanations with such cogency, relevance, and elucidation. Thanks, Patrick!

@danno633 3 года назад

Really loving your channel man, between you and economics explained, its like free university lectures.

@likemysnopp 3 года назад

I love these videos because I learn so much from them compared to youtubers who arent actual economics

@poohshmoo9892 3 года назад

Man, I love each and every video. Excellent job Patrick. Thank you

@HoaxManTheOne 2 года назад

idk what it is but you feel much more relaxed in this video. watched a lot of your videos, very well researched and educational. maybe its the lighting

@janzalud216 Год назад

I really appreciate how this content allows a look into the main forces at play: human psyche and time

@h2shakwon931 3 года назад

Great video. I lived and traded during these times. I'll never forget the shock of watching my stock position in Infoseek actually fall on the day it was acquired because it was purchased for less than its valuation. When does that ever happen?

@netrabhatta 3 года назад

You are my favorite RU-vidr Sir! Real content real education Thank you.

@christopherwagner2395 Год назад

Exactly what happened. In hindsight it seems insane. But the truth is it seemed pretty insane in real time. Great high-level summary. Thank you.

@johanneszwilling 2 года назад

THANK YOU for a very thoughtful take on this phase in history. Lots of things and stories were new to me! Great closing thoughts too!

@usakira428 3 года назад

Thank you for throwing in a little humor. Keep up the good work!

@jeremyzezonting6922 3 года назад

love your channel , please upload more financial content.Good stuff here! Underrated content

@aaronmuysson6452 3 года назад

Great video, always refreshing to hear some perspective and not just some guy reading a wikipedia page

@Local.Motion 3 года назад

I would never play poker against you Mr. Boyle. You could keep a straight face at a comedy show.

@jessemcdougall1700 3 года назад

Insightful observation. Patrick quietly cleans up at poker.

@maff3 3 года назад

Thankyou Patrick, I'm sure it took a few hours of your time to put together this very interesting video

@johnl.7754 3 года назад

Our little startup joined a little late but raised 3 million in what now looking back was not a great idea. Fund raising took off after recruited a Vice President of sales from Bank of America but of course he had brought other issues/problems to the company which along with the bust/recession brought the down fall.

@davidhollfelder9940 Год назад

Back in the late 90s, I worked for a major telecom company, supplying as a vendor, to many V-Capitol funded e-startups. We expected a major downturn after the Y2K spending was over, as very few, if any e-commerce firms (i.e. Netpliance) were turning a profit, while burning thru their money quickly. The bubble bust was no surprise. E-commerce, at that time was “virtual”.

@eliotbooth9772 3 года назад

Love your videos. When do you do one about the Reddit-fuel mania on stocks like GameStop? That’s a very interesting topic financially and socially too.

@PBoyle 3 года назад

It is uploading as we speak.

@eliotbooth9772 3 года назад

@@PBoyle Hehe, what a timing. Thanks Patrick, Great video once again!

@GP-ty8ix 3 года назад

Very interesting l was thinking this new stock era reminded me of the dot come era. Specially with RU-vid stock market experts in there 20-30s trying to make passive income on naive people who are new to the stock market. Don’t get me wrong there is money to be made, but will most of these companies last after the boom of the market.

@youtuber-ov6px 3 года назад

I was looking around for a video like this. Great stuff, thanks again Mr. Boyle

@carlmannhard8051 3 года назад

We are seeing it again today, but now these new companies are all the SPACS

@d0tz_ 3 года назад

the idea of a railway bubble in the 1800s is so funny to me

@tailtaptailtap 3 года назад

Really insightful. Glad I subscribed. Thanks a lot Pat!

@Magic_beans_ 5 месяцев назад

One important lesson for modern investors to take away is that conditions can be positive for an industry, but that doesn’t make any particular company a sure thing. Even if electric cars are the way of the future, that doesn’t guarantee Workhorse or Rivian will survive. Who knows, even Tesla could get shaken out. More surprising things have happened.

@GoodBoy-qs9we 3 года назад

"The rock musician...(Me: Is that William Shatner?).. and Star Trek actor." lol you got me there.

@EnsignShippingLogisticsDurban 3 года назад

Your channel is growing so well keep up the great content.

@kineahora8736 3 года назад

🤣🤣🤣”legendary rock musician and also an actor on I think Star Trek”🤣🤣 the deadpan is awesome Patrick

@MrBumbo90 3 года назад

20:31 LOL at the Nikola

@orlandofurioso392 3 года назад

I love how he teases Nikola on almost every video 😂

@bultvidxxxix9973 3 года назад

priceline lost money with every customer? That sounds like an uber-stupid business idea, I don't think we will see that ever again.

@PBoyle 3 года назад

UBER stupid. :)

@citywitt3202 3 года назад

*scratches head* hmmmm 😅

@bmejia220 11 месяцев назад

Patrick, your quality of content delivery is exceptional. Your my new favorite RU-vid channel. Thanks for sharing quality.

@nonamernobrainer846 3 года назад

5:30 In my country, we have a saying that roughly translates to "the quiet one always wins." My guy lost everything because he couldn't keep his mouth closed.

@tomonetruth 3 месяца назад

This was excellent. Interesting all the way through, but with a surprising perspective right at the end. Really enjoyed, thanks!

@therealrumblefish 3 года назад

I love your Chanel, you do a great job.

@Andolem 3 года назад

Lol the hair part was funny 😄

@wtf_usa5597 3 года назад

Awesome work Patrick! Could you upload another video soon giving your assessment of the current state of things given recent developments? Thank you! 👏

@tulagirl3173 2 года назад

Amazing video patrick, thank you!

@PBoyle 2 года назад

Glad you enjoyed it!

@henry7370 3 года назад

im fairly new to investing, and your videos are helping a lot. thankyou.

@FrameDrumAndFlute 3 года назад

I was a software developer at a dotcom when it went public. Thought I'd be able to retire in a year. Didn't happen, and still writing code.

@poetasintierra Год назад

I teared up right after I saw the rider's tears 😥 Great video!

@christopherkui3141 3 года назад

Thanks for this video Patrick

@florianwerner1263 3 года назад

I really liked the inclusion of the gravity car.

@rock3tcatU233 3 года назад

Loss making? No revenues? Sound like a future trillion dollar company to me.

@radigeorgiev9662 3 года назад

you forgot one more important thing : it has to be an EV company. Or in genomics. Then starting valuation is at least $10 billion with $7 milion of yearly revenues

@DeLanoLLoya 3 года назад

Everything in this universe moves in waves 🌊

@nasaihyana Год назад

Just found this channel this morning.....been binging all day

@citywitt3202 3 года назад

What I’m concerned about is the increased volatility from Robin Hood ‘investors’ spilling over into the market when the seriously unprofitable businesses go under. There might be some cracking buying opportunities though.

@mirzah.5821 3 года назад

Thanks Patrick. There is great value in this one.

@tgd02 3 года назад

Great, informative, and entertaining vid Patrick! 👍

@captainotto 2 года назад

Came here for the memories. Stayed for the fully automatic, high capacity, savage, and devastating deadpan humour.

@xzx3 9 месяцев назад

Brilliant video. I am a fairly recent subscriber. Really admire your knowledge, research, analysis, storytelling style and wonderful witty comments and sarcasm gently thrown in.

@dawnfire82 Год назад

Some background errors, here. Netscape was not the browser. Netscape was the company. Navigator was the browser. It was also NOT the first browser to combine images and text. That was Mosaic, released 1993.

@daCubanaqt 10 месяцев назад

Netscape Navigator!!! I remember that browser 😊

@GEB-yy3ud Год назад

I just wish to thank you for the Peak Boyle photo RE 90's. The imagination is going wild. Bravo.

@sametcankaya3706 3 года назад

Really inspiring video , history is all about repetition. Loves from Turkey :)

@doitbeforeyouareready6864 2 года назад

Great bit of historical recounting Patrick. Thanks.

@JuancoPRoFlow 3 года назад

Thanks for the history lesson. Now, please tell me which stock to yolo my life savings on please for 100x returns.

@timsherman1245 3 года назад

question. how do you determine how long a bubble would last? how do you identify a buble by just looking at the chart? is there an indication (a certain one) that this so and so is a bubble? and what's your trading position when you know for certain that there is a bubble? sorry for asking a long question sir 07. i kinda curious cuz its really hard for me till this day to identify one

@CJBroonie 3 года назад

For those of us gen-Xers who lived through the original tech bubble we remember just how suspicious Jeff Bezos really was in his business tactics. It was only after he began leasing out his excess server space that he actually made money. But in the 90s? Nah, he was just a garage sale used book seller.

@Dwightstjohn-fo8ki 2 года назад

Not bad but what intrigues me is as a Princeton grad in Eng. he went to (or was told/mentored to) New York and where the money was, then went to Seattle where the internet "plays" were. I left the "logistics" industry about the time he was getting into it. Loaded with dinosaurs that that warehousing and products were always going to be the same stuff. And they didn't even do "the same stuff" that well. Couldn't COUNT.

@greenockscatman 3 года назад

Never thought about the parallels between the railroad bubble and the dotcom bubble, but it makes perfect sense.

@Ashadow700 3 года назад

A bunch of unprofitable tech companies, with no clear path to profitabilty, going public and everyone eats it up in a freenzy? Hm.... where have I heard of that one before?....

@jojotheoj 3 года назад

You’re a gem. Thank you so much for your content. 💰 🧠

@BrandonD19 3 года назад

Atta boy Patty, another home run!!

@TheFloozi 3 года назад

Yes!

@j73stuart Год назад

I recently found Particks content. I'm reviewing old videos, and enjoyed this very much. It also very timely.

@Veteran_Nerd 3 года назад

LMAO that commercial at the end! Great video sir

@rkalla 3 года назад

Please boost your base audio to 120% or so

@林欣毅-t8n 3 года назад

Thank you prof Boyle for the amazing video, I like the end part when you talk about railway and .com bubble’s effect on infrastructure, do you think that the current EV market is similar to the previous example, where with Tesla at this crazy price they can expand and establish the core infrastructure needed for the EV revolution. And once the bubble burst they can still survive and dominate the market like Amazon and Apple did?

@poohshmoo9892 3 года назад

2000s ... i just started trading at the time on account with Scottrade ... wild wild west times of the internet