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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. That happened a lot in 2002 and again in 2008. I believe a bubble occurs when a market is willing to pay greater than intrinsic value for an asset class. Have a cushion.

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Modi and Ma

thebarefootvc

On September 19, Ma led Alibaba to the largest IPO in history, listing the company on the New York Stock Exchange. One of the most Modi, who won in a landslide election with a clear mandate for economic reform (despite controversy surrounding his role in sectarian riots in 2002), is fully aware of the lofty expectations of those he governs.

India 85
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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. To give you a sense, for 2002 the entire US online ad market was $6B and had shrunk year over year (it was $25B+ for 2010). And obviously all the liq prefs went away in the IPO when pref stock converted to common.

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10 of the Most Successful Investors of the Last 10 Years

The Startup Magazine

The global financial crisis started in 2007 and it went on for much of 2008. Zhitao runs Hangzhou Liaison Interactive, which is a Chinese technology-based company founded in July 2002. He runs a hedge fund focused on consumers and industrial stock. Investments from capital markets to real estate plummeted. Source: Pexels.

Cofounder 140
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Book: Flash Boys: A Wall Street Revolt

Feld Thoughts

In 2002, I decided not to own any public company stocks except for companies that I directly invested in as private companies. I’m a big believer in the Bogle school of thought about owning the market , rather than trading stocks. The approach was mathematic, dispassionate, and easy for me to execute. Or a weekly basis.

Flash 70
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Modi and Ma

thebarefootvc

On September 19, Ma led Alibaba to the largest IPO in history, listing the company on the New York Stock Exchange. One of the most Modi, who won in a landslide election with a clear mandate for economic reform (despite controversy surrounding his role in sectarian riots in 2002), is fully aware of the lofty expectations of those he governs.

India 40
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Collective vs. Individual Action

Growthink Blog

Not coincidentally, in that same period stock market returns have declined dramatically. And to pile on the misery, with budget deficits exploding from 58% of GNP in 2002 to over 100% today, all of the "free" money poured into the system over the past decade has not had any kind of meaningful stimulative effect.