Comments on: Dot Con Tales: The Investor

By: Acopic Web Design

Acopic Web Design — Mon, 01 Oct 2007 12:36:04 +0000

Well he can take some comfort from the fact that he wasn’t the only ‘Greater Fool’. I think a lot of people lost out and it’ll probably happen again soon - with the likes of MySpace fading fast.

By: SiteLogic

SiteLogic — Mon, 01 Oct 2007 12:48:18 +0000

I was really surprised he got caught out, he knew a I lot about investing… got a bit too greedy I suppose.

I don’t see it happening again on that scale, there is not the level of venture capital poured into empty ideas that there was then.

People were literally going approaching students and offering them £100k for a little websites with a handful of readers… for a couple of months it was utter madness… at the time I wished Id thrown up a couple of crappy sites of my own… If I thought there was even the slightest possibility of the World Going Mad like that I would have built hundreds

By: David Hopkins

David Hopkins — Mon, 01 Oct 2007 23:08:24 +0000

Instead you wainted a few years before throwing up a crappy site. just kidding

I had never thought of the stock market as a pyramid of control. I guess it probably is with Tiny Rowlandesqe cartels grouping up and moving in unison.

By: Florchakh

Florchakh — Tue, 02 Oct 2007 05:03:30 +0000

Do you remember the story of The Hunt Brothers and the Silver Bubble?

By: SiteLogic

SiteLogic — Tue, 02 Oct 2007 06:23:13 +0000

I waited till there was no money in it before throwing up a crappy site.

I dont think the stock market is a “pyramid of control” but it is succeptable to hype like anything else…

By: SiteLogic

SiteLogic — Tue, 02 Oct 2007 06:25:22 +0000

No but a Jeweller told me about the prices at that time…. saying they were melting down beautiful antiques for scrap and what a shame that had been.

I had not realised the cause of the hike though!!