2min chapter

Many Happy Returns cover image

Seven Ways to Slice the Stock Market

Many Happy Returns

CHAPTER

Small Cap vs Large Cap - What's the Difference?

Cisco is kind of the archetype of the dot-com bubble in that it was massively overvalued. Intel was really dominant at that time because they were such a dominant player in the semiconductor industry. So certainly you get these concentrations that build up, but the winners from the past will never be the winners of the future. It's very unusual to see that.

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