Time Machine · March 2000
Dot-com Bubble
When tech crashed 78%
Return to March 2000, the peak of internet mania, and live through the dot-com bust. The Nasdaq would ultimately fall 78%, dot-com darlings went to zero, and it took 15 years to reclaim the high. This is why diversification exists.
Chase tech, or diversify?
Enter the Time Machine and trade Dot-com Bubble with real historical prices. Time rolls forward on its own, headlines break as they did, and an AI coach grades every decision.
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What happened
The Nasdaq peaked at 5,048 on March 10, 2000, after years of internet mania in which almost any company with '.com' in its name soared.
Then the bubble popped. The Nasdaq fell 78% over the next two and a half years, and took 15 years to reclaim its 2000 high. Dot-com darlings like Pets.com went from IPO to shutdown in under a year.
Diversified portfolios recovered in about five years. Portfolios concentrated in high-flying tech were devastated — the enduring lesson in why diversification exists.
By the numbers
−78%
Nasdaq drawdown
~15 years
Time to recover the peak
Hundreds
Dot-coms that failed
Timeline
Mar 10, 2000
Nasdaq peaks at 5,048
Mar 2000
Barron's 'Burning Up' warns dot-coms are running out of cash
Apr 2000
Nasdaq drops 34% in a single month
Oct 2000
Nasdaq down 50% from its peak — still falling
Nov 2000
Pets.com shuts down, nine months after its IPO
The lesson
Concentration kills. Diversification is what lets a portfolio survive a bubble bursting — the winners of one era are rarely the winners of the next.
Real headlines
Period news breaks day by day as it actually did.
Fear gauge
The real VIX shows how scared the market was.
Coach & leaderboard
Every call is scored; climb the scenario leaderboard.