KalKal
Superstar
Ima go ahead and leave this here
Amazon back then would have been great for super long term investors, but it crashed over 90% from the dotcom bubble height:
Here's How Much Investing $1,000 In Amazon At Dot-Com Bubble Peak Would Be Worth Today (yahoo.com)
Amazon’s high watermark of the dot-com bubble was $113 back in 1999. When the bubble burst, Amazon traded all the way back down to $5.51 in late 2001.
Amazon shares peaked at $101.09 prior to the 2008 financial crisis, but only dropped as low as $34.68 during crisis sell-off.
It took Amazon roughly 10 years to regain all the value it lost following the bursting of the dot-com bubble, but the stock made it back to new all-time highs by late 2009. From that point forward, there was no looking back.
So if you bought in 1999 you eventually won...but it took you a long time to get there.
I remember after the dotcom crash when Futurama was making jokes that Amazon was a penny stock in the future: