I sold my Sun stock at the internet bubble top for $70 a share. A few months later it was $7. I think of that when I see PE ratios in the hundreds for Tesla, SpaceX and other AI stocks.
Scott McNealy had a few choice words in retrospect[1].[1] <a href="https://news.ycombinator.com/item?id=40950311">https://news.ycombinator.com/item?id=40950311
labrador · · focus · HN ↗
metaphor · · focus · HN ↗
[1] <a href="https://news.ycombinator.com/item?id=40950311">https://news.ycombinator.com/item?id=40950311