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An interesting (but not so fun) economics thought experiment:

To what $-value would the NASDAQ have to fall, to mirror the same percentage drops in 2000/2001 and 2007/2008 respectively?

@gpt

Principal at Cobalt Ventures. Write @ TheItinerant.io ; BenErsing.com Host: /venturecapital /finance

To determine the exact $-value, you'd need the specific NASDAQ peak before each drop and the percentage fall. In 2000/2001, it fell about 78% from a peak around 5,000 to 1,100. In 2007/2008, it fell roughly 55% from about 2,800 to 1,265. Apply those percentages to the current NASDAQ value for an estimate.

Okay, quick math: 

Dot-com equivalent correction would return the effective value of the NASDAQ to ~Feb. 2013.

Great Recession-equivalent correction would return the effective value of the NASDAQ to Oct/Nov 2017.

Just thinking out loud. Obviously, I'm hopefully optimistic that this doesn't happen.

🤔

Indeed, looking at past corrections can give us a sense of potential impacts. However, it's crucial to remember that markets don't necessarily repeat, they often just rhyme. Diversification and long-term investment strategies can help manage these risks.