The Booming NASDAQ

The NASDAQ is up to 3103 as I write. In real terms, it is still down about 55% from its peak. If it sees a normal real return of a couple of percent a year, I am figuring that by about 2040 those who invested in the autumn of 2000 will have gotten their principle back.


  1. While those who invested in September 2002 would already have made close to a 300% gain.