The Dot-Com Bubble - 5 Minute History Lesson
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- Опубликовано: 27 июн 2024
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The Dot-com bubble was one of the largest speculative rallies seen in the U.S., but while most people have heard about it, the details aren't well known. Here's a 5 minute history lesson on the subject.
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1929: "This time is different."
2000: "This time is different."
2008 "This time is different."
2021 "This time is different."
@Saami Zakir 😂💎🙌🚀🌙
Take profits and turn them in short or gold
Me: "But.... it is different..."
@@monkeymanipulater5032 than you should buy big short position
@@mana8502 I am, very soon 1,600 all mah cash 🤑🤑🤑 bouta be rich. On uvxy when I see the signs
"Stonks only go up."
Famous last words.
lol. That's said ironically tho...
@@alexfernandez6621 bro
@@ChusKon1 Sup bro?
@@alexfernandez6621 bro
@@snailpop1028 yea bro?
It should be noted that the infrastructure built in the bubble is what provided the systems necessary for mass adoption. All that selling of networking and storage allowed cloud services to become a thing.
I'm using a lot of shorthand here, but I used to work at a consulting firm called Wikibon, and we studied this at length.
Basically, if the internet grew organically, we would still be years behind on network infrastructure, which would have made things like CDNs (like RUclips or twitch) impossible until recently.
Do you have any sources for this? This sounds really interesting.
This is a fascinating idea, do you have a source(s) for this?
Bless those financial martyrs.
I read about that concept in the very good book book "The rise and fall of nations " by Ruchir Sharma.
That’s what makes me think there is good
opportunity in this crypto bubble. You just have to discern the actual “Google’s and Amazons” so to speak from all the other bullshit
"Normally investors are looking for companies with solid profits to invest in"
*Tesla enters the chat*
Why do people mention Tesla when they have no idea what it is?
@@kaydens6964 Dude, what? Their comment was poking fun at the FACT that Tesla is extremely overvalued based only on speculation. They're not profitable enough to justify their crazy high current stock price, if they're even profitable at all. They're also totally dependent on electric vehicle credits/subsidies to stay afloat. Tesla is one of the greatest examples of speculative investing when the company hasn't even made it to profitability or proven long term stability.
@@kaydens6964 Who doesn't know what Tesla is or makes? Too many people know and buy into the hype and the "what if". Tesla stock will fall apart.
@@WinterReflections Tesla is at the stage of what’s going to be. If you see something that’s undervalued by the market you buy and make sure you can handle the volatility. Every stock falls apart eventually given time, statement you made has no meaning unless you can specify a time frame.
@@kaydens6964 Tesla is able to sell 1dolalr for 10 dollar to its believers
3:13 You thought you could sneak those sound effects past us, did you?
Minecraft lol
- -•14 no I intended to see you and all your dotcom bastard crash with you
I never thought of Digimon as the dot-com spin-off of Pokemon but that's funny.
Man this channel’s production value is simply skyrocketing, and the sound effects have me dying 😂
They were cool, but I think he should tone them down a bit
drinking potion sound effect 🤤🤤🤤
This was cacophonic asf I hated that
Very well made. Wish you and your channel the best of luck!
Woah, I hadn't seen your channel for maybe over half a decade until I saw this comment even though I was and am a sub. Good to know that you're still making cool videos.
yeah
Thanks
@@Exachad nice
lol
The only video on YT where I needed to slow down the Playback speed
facts
That worked!!! 😂😂😂😂😂
I remember how good it was during my job search in late 1997. 80 calls/day. I would go out to lunch and when I came back, there were more messages from recruiters on my answering machine. I could have chosen to work in any major city in the country, because of the high demand.
THE SPEED AT WHICH THE NARRATIVE WAS MADE SURELY GAVE THE VIEWERS THE ANXIETY OF THE BUBBLE BURST
I thought I was playing this video at 1.5 speed!
This was the first time I have had to play a video at half speed. Too fast for me!
People never learn from history. Especially if we’re dealing with money. Greed eats brains.
ALL organisms, viruses, and aliens are never learn anything
Unlike Robots, Machines, and Computers [*cough* Versioning (Latest revision offers new features and bug fixes over the old revision), Artificial Intelligence, Deep Learning, Machine Learning, Bug Fixing, Expert System]
Greed and debt
This sound so modern and contemporary, I sure wonder why
Elaborate
@@porto1st what's old is new again
@@porto1st Crypto mania baby
@@youtuvi7452 It's on a rocket ship to the moon, and everyone's invited!
The way this was made right before the Stimulus Economy is… prophetic.
Though as I’ve heard personally, while history doesn’t repeat, it often rhymes.
This time is different.....
MAtogable what makes you say that
@@eliazzortega sarcasm
Satire
@@eliazzortega QE
Biggest lie ever told
I’m pumped to watch this tonight when I’m off work! You guys do an amazing job covering history in the stock market. Always interesting and well presented :) keep it up!
This video was exponentially better than I thought it was going to be. It was both entertaining and informative while being fast paced... thank you
People became too greedy, and they started to avoid basic fundamentals of investing. Now if you will tell people this these days then they would think you are mad and you are missing out but sometimes it is better to miss the boat, than drown.
Ikr. I started to invest around 2018. Not a lot of my friends, coworkers worker, and my family has invested before. End of last year I notice a crap ton of my everyone was asking me about investing. What brokerages account, etc. I’m still new but compare to them still new more when it comes to the basic. Now they are bragging about there gains. Saying they have picked good stocks but everyone is up from the feds with interest rates, FOMO, ipo, euphoria, and just like what you say everyone is being greedy. At least for me I’m starting to put more cash to the sideline while just still putting some capital. It’s some crazy times man. Just got to observe how people are acting.
I never understood the DotCom bubble until now. Excellent video!
Amazing. I remember when this all happened and it's cool to hear a quick little story about it a long time in the future.
We all thought that the crazy high job demand of the IT industry was just the norm for the IT career field. It was later on we found out that it was all just a short-term business trend. It was a modern version of the roaring 20's.
Absolutely brilliant video. Thank you so much for your hard work.
Wooo I was waiting for this episode. The 5 minute history lessons are awesome.
Always smart and entertaining, well done!! 😁
"Invented wealth is dangerous in the digital age" is a great lesson. I hope we learn it someday.
Thank you so much for sharing this useful data! Greatly appreciated. Amazing job by the way......
These videos ar hilarious, keep them coming!
Amazing work with all of them.
I love this 5 minutes history videos!! Please continue to them, they're very funny and educational
This channel deserves more views! Great work!
Definitely the right time to come out with this lol, thanks again!
This comment is aging very well
Wow this one was fun! Very fast paced and almost climactical in narration, good job!!
*Just amazing!! shortest and more well explained Dotcom Video Ever!*
Finally I was waiting for you to do this one
this definitely feels like cryptocurrency today
those do have a soild value as long as the price hike is not artificial. aka elon musks annoying doge tweets. if you think about it . money itself is completly worthless if people decide it is.
@@ali32bit42 definitely, it's backed by nothing
@@Trewq79 I do understand what you mean , I don't believe in bitcoin like most people in the crypto space, but the protocols , Nfts and DeFi are something you should appreciate and I believe they are here to stay
And I live in Africa so I understand how Cardano (Ada ) will change our lives , and how it will improve public services in Africa and they are currently implementing digital identities and making payments cheaper , and 70% of Africa is unbanked. In conclusion for developing countries this is currently improving lives
@@Umamaahoe I do believe in the fundamentals of crypto and I also believe it will become a part of lives like the internet did , that's why I still invest my money and buy the dip to this day
Great stuff, rich....! 👌🏻
Thanks Brandon!
Your best video yet!
The quality and content of your videos are superb! Very educational and engaging!!
Love how you explain things, easy and straight to the point.
Me watching videos about 1929:
Government lower the interest rate to incentive people to invest. The nore demand for stocks, higher the price. After a while the market adjust to the new lower interest rate and is back to normal, making it no longer worth to invest, the more people sell, the lower the price, and the crash happens.
Me watching videos about the bubble dot-com:
Lowest interest rates since the 70s, people invest like crazy in any dot-com, after 2000 the market normalize and readjust to the new lower prices and investments is no longer worth. BOOM another crisis.
Me watching videos about QE
"Quantitave Easing is a government program to make people invest more via the lowest interest rates EVER and via printing money and lending to entrepreneur."
Me:
OMG WE ARE IN A MEGA BUBBLE. FUCK WHAT SHOULD WE DO!!!!
This is probably the biggest one yet
Hold on to yer butts
Your missing of a single syllable every once in a while is very stressful
You're right then
Yep. A timely comment...
The visual makes this channel easy to comprehend. Keep this up!
Loved your content, Mr Coffin! Continue, please!
Love your videos, you’re doing a great job. Please do a video on turnover %
Finally, a new 5 minutes history lesson!
Thanks for the video! Top-quality content!!
Thanks for the interesting explanation.
Love the quick explanation. I think it applies almost equally to crypto now that it's in a mania once again & people start pouring cash into meme coins & sometimes outright scam coins.
And when the rug pull comes, it is only the ones with utility & adoption & adaptation that will survive and thrive.
yep no shit
These projects with no value are actual pyramid schemes. Where the only "value" comes from people buying in.
"It takes but a reality check to pop the bubble."
Hey i wrote my Bachlor Thesis about Speculative bubbles (The Dotcom Bubble included). This video was very helpful! Thank you
Top quality video, that deserves more views!
"Everyone and their dog uses navigator"
"Like who?"
"Everyone"
"Who else?"
"Everyone's dogs"
Just had to rewatch this video tonight. Earlier I was talking to my parents reminiscing on 9/11 (I was in elementary school then) and saying despite the horrors of that day what came after was better because of the patriotism and how unified everyone was. My dad simply said he hated 2001 as a whole because the “economy sucked”. I didn’t get it at first and it clicked and I said the dotcom bubble. And my dad clarified he hated 2001 because he worked for a computer company (and still does) and the bursting of the bubble made his work slow and made him uneasy about a possible lay off. He said when 2001 was over he said he was so happy, as he will with 2020. And now I go to this video.
You have a very nice site. Very easy to navigate. Great video. Keep up the good work.
Love your videos, Mr.Coffin!
I feel like we’re currently in a watered down version of 1999.
companies are very profitable
Great video. I'm curious if the timing of this video has anything analogous to this? 😋
One of the most poetic investing videos that I have ever seen
Another great 5min video keep up the good work
4:35 "Things go from Mamma Mia to Red Wedding real quick"
I'm dead 😂😂😂
Moral of the story: unless you happen to have a crystal ball and know exactly when bubbles burst, it's best to wait until after the bubble to get in on the hoopla. To be clear, this does _not_ mean you shouldn't start investing right now, because investing is a long-term goal, but if you want to profit off short-term surges, it's best not to risk it all doing so.
You that you mention it, high school Personal Finance classes should teach the concept of an economic bubble to the kids. When I was in school, I read about the roaring 20's (and what followed). Later on in life, I experienced the crazy high job demand of the IT bubble. At the time, I did not know that the wonderful employment paradise I was experiencing - was really a modern version of the roaring 20's.
Please do more of these!
Really liked it! amazing work.
The animation quality, editing, and humor in this were excellent!
Any correlations with Tesla after these couple of days? lol
We are still missing the other cool nontesla electric car hype 🤔
This time is different™
Tesla has assets, a lot of the dot com companies just had a website and you were told to not care about the assets because the brand or service was more important. So not exactly the same thing.
@@ZacharyBittner it does. But not enough. 1/10 of other conventional motor giants' sales and equivalent total valuation is just speculative. Tesla does not have the fundamentals to back that stock price. But in the mean time, I hope you get healthy profits from the volatility. Yes. Volatility... not growth
Yeah, an overvalued company.
That was entertaining and informative. You make good content. Thanks.
I really loved this video.
Next up... “The 2020 Fed ‘Printer go Brrrrrr’ Bubble - 5 Minute History Lesson”
It’s not a bubble if inflation doesn’t come back down. Your dollar is just permanently worth less
These 5 minute history videos are so so good they remind me of oversimplified vids
your videos have tided me through my business school interviews, thank you so much
Dude Your Videos are awesome. Great Content
Thanks for explaining. I was about 8 years old at the time. So I remember that most people wouldn't really use the internet yet. Cause it was slow. But it was clearly the next big thing. But I never knew what the incident was until now. you always just hear about it. It obviously didn't end the internet though
"oh, that didn't take long."
ehehe, it never does.
Another great video.
I love these 5 mins!
Is it weird that as i am watching this, i’m trying to remember the dates/year so that i would know when to sell my shares... if ever i accidentally time travelled to the past...
Hahahahaha thers is no way we gonna repeat the same thing that happen in the past, am i right softbank????
@Lovecraft tesla isn't the same. A lot of these companies had nothing in assets and zero profitibility because they weren't selling anything. Tesla has assets and a product. Sure, they aren't profitable and need investor money to survive but that's very different then no product and no assets.
@Lovecraft I don't own tesla stock nor am I a particular fan of tesla. I am just pointing out that it's not the same as the internet bubble. Only an idiot can't tell the difference.
BRUHHH HAHAHAHAHA , Softbank has several good bussiness but majority are overpriced. 47B for a “tech real estate”? Nah I’ll skip
Lovecraft ill pick SpaceX anytime over Tesla , unless tesla makes this magical word called “profit” im not investing in it.
You know that Tesla had two profitable quarters in a row right?
Awesome! Very easy to understand!
Very use full
This is litteraly happing right now .
then short the stocks. Now is the time.
Would love to see an explanation of the economy in the 70's, since it's a common concern that another "lost decade" is around the corner.
Good jobs old sport, that the best short video I've see on the subject.
Very informative! And entertaining.
Can't wait for the cryptocurrency bubble video.
Ah, because of the ships in the thumbnail I thought you will also mention South Sea bubble
Very well done mr bagel
Your videos are awesome. please continue to make same level of fascinating contents
2021: "this time it's different!"
Internet Explorer killed Netscape Navigator 😂🤣🤣👍🏽
Such quality... so bagel-y.
Loved the video, funny and informative
I wonder if in a few years we’ll get: “The Covid-19 Bubble, - 5 minute history lesson”
Doesn't need a few yrs, if bond yield rises above 3%, a default risk kicks in. People are using the money borrowed from the future to buy inflated assets, the debts must be paid, always. My family went through dot-com, the effects still lasting till now. The feds are leading us all to another cycle of lost decade.
Well, difference with crypto is that this happened at market cap 10 trill, crypto is still at 2 trill
man your videos are really really nice
Thank you for the interesting and informational information, you got great information. 😃
The dot com bubble, brought to you by a website design service.
Was this a video about Tesla?
the last chart was the tsla chart
Elon Musk is the kind of person that exists once in a couple of centuries, it is hard to make any comparison because of that
@@1queijocas nope, sorry, corporatists who take the inventions and work of others and claim it as their own is something that happens quite frequently. It's called capitalism and capitalists.
Tesla is probably effected by the hype alot but they do have a product and revenue so I wouldn't draw the connection.
@@JoelRiter if there is an agreement between them on selling their work or their invention, I don't see any problem with that. You can't run a company alone after all
This was a great video and really helped me visualize what exactly was happening.
Thank you for another 5 min History video. Can you do more of these? I recommend you do one on the South Seas Bubble.
Something, something, Walpole.
💛💙💚🧡 Looking forward to your next video on Bitcoin titled "I was wrong" because it's re-bubbled up for the 4th time in history again, meaning its not actually a bubble 💛💙💚🧡
It’s still at like 70% the price of when I posted that video, but either way I never claimed it would move one way or the other, just that it was speculative, which is still largely true.
I see similar things in the market today, with crazy overvaluations and stocks reaching all time highs every day, and people ignoring profits!
Yes, it has become the norm; thanks to cheap US$ and infinite rounds of QE.
The fed likes making bubbles and supporting artificial growth.
I can understand that profitability can come later, however, i can’t understand the insane evaluations LOOL
WeWork and Uber?
Great content. Dont remember following you before but im glad i did.
Always thought provoking video