The Matrix Has You
Written on Jun 22nd, 2010
I first started investing in the stock markets around 2000. Since then, I’ve had front row seats to at least two big market corrections. During the first, I was working out at JDS Uniphase in Ottawa, Ontario. If that name sounds familiar, you probably heard about us on the news — in 2001, JDS Uniphase wrote-off the largest amount of goodwill in history, a staggering $45 billion dollars. When I showed up for work that day, news trucks were lined up all down the block, and employees were being constantly questioned as they tried to get into the building. We watched all the interviews take place from a small corner meeting room on the 4th floor, wondering what all of our fates would be. While most of my friends were nervous, I actually thought the whole thing was rather funny. I remember telling people to look at the bright side […]
