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How Tech Companies Lost in 2000 Bubble?

The tech bubble got bust in early 2000 and its impact was seen in all the global markets. Here we will see the impact of tech bubble burst in early 2000 on the NASDAQ.

It is worth mentioning here that high-flying tech and internet sector imploded, shedding 78% of the NASDAQ’s value. This crash erased $5 trillion in wealth, nearly overnight.

Probably Warren Buffett knew this fact and never invested in the tech companies whereas Warren Buffett had a lasting love relationship with Cocacola seeing the strength in the company. His advice has been find the correct company and then stick to it. 

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