Same Returns as the Nasdaq. Far Less Stress.
In March 2000, Cisco was the most valuable company in the world.
Analysts projected trillion-dollar valuations. The Nasdaq was unstoppable. The future belonged to tech.
Then it fell 80%.
I’ve written before about Cisco’s cautionary tale — how even a great business can become a disastrous investment if you overpay. Investors learned that lesson the hard way.


