There is usually a grain of truth underlying every mania and bubble—the internet absolutely did change the world and we can't imagine a world without it—but the vast majority of internet and e-commerce companies that soared in the late 1990s bubble ended up worthless.
factualpending
Speaker
Howard MarksEvidence Quote
“there's usually a grain of truth that underlies every Mania and bubble it just gets taken too far it's clear that the internet absolutely did change the world in fact we can't imagine a world without it but the vast majority of internet and e-commerce companies that soared in the late '90s bubble ended up worthless”
Created: 8/11/2026, 7:51:42 AM
My Notes
Loading notes...