4min chapter

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Making Informed Decisions as an Individual Investor | Kyrill Asatur

Forward Guidance

CHAPTER

The Parallels to the Dot-Com Bubble

The past two years of speculative fervor, if I can call that, is that not comparable to the dot-com bubble? Is it even worse? And also, what was it like sort of launching your product as that was crashing? Yeah, it's a great question. No two periods are exactly the same, right? But there's similarities. It's healthy in that it helps teach people a lesson. One of the things- I really respect Robinhood for everything they've done and what they've built - but this concept of trade stocks for free is just misleading,. There is no free lunch. If it's free, you're the product.

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