
- Apr 28
- 8 min
Some Historical Effects of Pandemics and Wars
Stocks of many high growth companies, especially in technology/software sectors and those benefitting from the pandemic, have declined sharply from 2021 highs. Many are down 50-70%, and some are even trading below 2019 pre-pandemic levels. While the individual stock prices of companies fluctuate significantly in any given year, the underlying intrinsic value is obviously much more stable, like a private business or your home. Surprisingly, the median volatility for any single