FYI: Howard Marks offers a dollar for anyone who can identify the cause of the collapse of the bull market and tech bubble in 2000.
My submission here – and I’ve covered this before, most recently in April of last year…
It was a Barron’s article, published over the weekend leading into Monday, March 20th. That was the top for the Nasdaq Composite (the rest of the market – aka “Old Economy” stocks had already begun selling off as no one wanted anything non-dot com).
The article was called “Burning Fast” by Jack Willoughby and it may have been the most important piece of investment journalism ever up until that time. The cover looked like this:
Regards,
Ted
http://thereformedbroker.com/2018/01/24/stock-market-reversals-can-cause-recessions-too/
