November 30, 2023
Small Caps: Party Like It's 2000?

Syahir Maulana

Famous musician Prince encouraged us to “Party Like It’s 1999,” but today, as a small-cap stock investor, I’ll turn the calendar forward a year to 2000.

This is because by March 2000, the NASDAQ had peaked at 5048 and by April had fallen nearly 35%. There were no parties for the next 18 months. Several formerly high-flying tech stocks lost all or nearly all of their value, including and Priceline.


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