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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Jim McMannis who wrote (42797)12/14/2005 7:56:14 PM
From: regli  Read Replies (1) of 116555
 
Well, the dot com boom and its associated technology made quite a few people very rich. If you picked the right time, had the right product and were able to get financing you had an excellent chance to make it big if you sold out early enough.

Cuban is the perfect example, not a brilliant concept just the right one at the right time. I caught the late trade winds of the boom and know many that are rich but many more that were rich. The same thing is likely going to happen again soon, just in a different sector.
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