if you invested in the makeup of the DJIA in 1929 and left it in those companies

Then you would no longer be investing in the DJIA as new companies were added.

But if you rebalanced periodically, you’d get the listed results.

So “line goes up” by definition is not really an endorsement that all companies lines go up

Diversification is one of the first lessons of practical investment. And blue chip indexes help simplify this process

If you switched from the DJIA to the S&P 500 or the NASDAQ, as these indexes emerged, you’d outperform the DJIA as it stood. I use the DJIA because it existed in 1929 while the others did not.

$100 of the entire DJIA on September 3, 1929 adjusted annually: $13,633

If you’d invested in January of 1929: $16,913

If you’d invested in January of 1920: $72,275

January of 1930: $31,708

It’s never gone to $0

Place your bets

Place your bets

DJIA crested a new high September 3rd 1929 before stumbling 3% the next week.

And over a century later, what has become of it?

If someone bought $100 of stock in 1929, how much would it be worth today?

Idk about that. Musk and Zuck seem like very careless people.

Love a big Donate button on my car dashboard. BMW needs to get on this

NASDAQ just crested a new high this month, before stumbling last week.

If the death of the tech industry is on the horizon, I can’t see it.

They’re already billionaires many times over. Hard to feel nervous with that kind of wealth in your pocket

I know plenty of … people

Doubtful

100% jobless behaviour.

I mean, unironically. She was already retired

inject a virus into it

They can be remotely piloted from call centers overseas. So this would be a very temporary hurdle.

That’s not legally protected activity

Probably the device itself or it’s pilot

the NFT version of the GFR

You’re confusing a cryptocurrency side hustle with mainstream business application suites.

they’re going bankrupt

Who is going bankrupt?

if you look at other fields, like smartphone, in 2026 we are set for a -7.4% so it is not impossible or never happened.

Consumer electronics and business compute demands are wildly different markets.

The demand decreases even going from building 10 new datacenter to building only 8 new datacenter.

That’s not a measure of demand

Spoken like a person familiar with the scandal

because the demand decreases

Can you point to a five year span in the last century when demand for compute has decreased?

everyone is realizing it may be worthless

Idk who you think “everyone” is