Rubble Logic: What Did We Learn from the Great Stock Market Bubble?

Abstract

The Financial Analysts Journal's 60th anniversary happens to coincide with the five-year anniversary of the peak of the Great Stock Market Bubble of 1999-2000. The combination of proximity in time, with just a bit of distance, makes this year an appropriate time to consider what we may have learned from this momentous event. This article suggests lessons that, if we haven't learned them, we should have.

Keywords: Investment Industry, Future Directions and Sources of Change, Portfolio Management, Asset Allocation, Equity Strategies