Emergent technologies are inherently volatile… Amazon (AMZN) 94% collapse in price 1999–2001 56% drop from 2021–2022 Meta (META) 77% peak-to-trough decline from 2021-2022 bottom. Nvidia (NVDA) 85% drawdown 2007–2008 66% from late 2021 to late 2022 Tesla (TSLA) 50% sell off 2024–2025 Bitcoin (BTC) 84% down in the 2018 bear market. 77% in the 2021–22 crash following the peak.
Thursday don’t forget to #stretch