On December 21, 1998, AMZN reached a price of $324.8. In about three years, on September 24, 2001, a low of $5.9 was printed. That's a 98% correction. The Dot-com bubble piercing in action. The next time the prior peak was breached was 15 years later, in October 2013. Myriad companies associated with the internet revolution and online retailing didn't survive.
This is the appropriate context to consider when investing in AI companies today. Happy trading!
On December 21, 1998, AMZN reached a price of $324.8. In about three years, on September 24, 2001, a low of $5.9 was printed. That's a 98% correction. The Dot-com bubble piercing in action. The next time the prior peak was breached was 15 years later, in October 2013. Myriad companies associated with the internet revolution and online retailing didn't survive.
This is the appropriate context to consider when investing in AI companies today. Happy trading!
#ЖадностьПорождаетБедность #finance January 2025.
BY Random Thoughts
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The Securities and Exchange Board of India (Sebi) had carried out a similar exercise in 2017 in a matter related to circulation of messages through WhatsApp. Channels are not fully encrypted, end-to-end. All communications on a Telegram channel can be seen by anyone on the channel and are also visible to Telegram. Telegram may be asked by a government to hand over the communications from a channel. Telegram has a history of standing up to Russian government requests for data, but how comfortable you are relying on that history to predict future behavior is up to you. Because Telegram has this data, it may also be stolen by hackers or leaked by an internal employee. Pavel Durov, a billionaire who embraces an all-black wardrobe and is often compared to the character Neo from "the Matrix," funds Telegram through his personal wealth and debt financing. And despite being one of the world's most popular tech companies, Telegram reportedly has only about 30 employees who defer to Durov for most major decisions about the platform. Unlike Silicon Valley giants such as Facebook and Twitter, which run very public anti-disinformation programs, Brooking said: "Telegram is famously lax or absent in its content moderation policy." The fake Zelenskiy account reached 20,000 followers on Telegram before it was shut down, a remedial action that experts say is all too rare.
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