Picture this. It’s 1999, the height of the dotcom boom, and I’m a college kid getting investment tips from the earliest forums on the Internet. I’m absolutely killing it with each trade I make, and the rush I’m feeling is second to none. I remember making more money on one trade than my dad had made in his entire life of investing with his stuffy broker. I thought I could do no wrong, until …
The boom went bust. I lost everything in my trading account, and my dad got the last laugh.
These days, roles have reversed. After two decades of investing in and building companies of my own, I’m the skeptical old guy looking at this new crop of investors on Reddit and Robinhood with their meme stocks and cryptocurrency and wondering where this is all heading.
Read the complete article originally published in Forbes.
