---
title: "Great post from Callum Thomas on X \"Lessons from the past...\""
description: "While the internet would go on to become ubiquitous and a source of tremendous wealth and innovation -- at the height of the dot com bubble it was pure Hype at that stage... certainly relative to the valuations prevailing at that time. \nNote however that Mag 7 P/Es and fundamentals are quite different from the dot-com bubble. And that during the current AI bubble, we haven't seen the kind of IPO frenzy which prevailed at the time of the dot.com bubble. \nSo maybe this bubble has more room to go..."
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Great post from Callum Thomas on X "Lessons from the past..."](https://blog.syzgroup.com/syz-the-moment/great-post-from-callum-thomas-on-x-lessons-from-the-past)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Feb 24, 2025, 10:48:51 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/great-post-from-callum-thomas-on-x-lessons-from-the-past)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Charles-Henry Monchau, CFA, CMT, CAIA"
  },
  "dateModified" : "2025-02-24T10:48:51.400Z",
  "datePublished" : "2025-02-24T10:48:51Z",
  "headline" : "Great post from Callum Thomas on X \"Lessons from the past...\"",
  "image" : {
    "@type" : "ImageObject",
    "height" : 723,
    "url" : "https://25733253.fs1.hubspotusercontent-eu1.net/hubfs/25733253/6-Feb-24-2025-10-37-09-4663-AM.jpg",
    "width" : 800
  },
  "mainEntityOfPage" : "https://blog.syzgroup.com/syz-the-moment/great-post-from-callum-thomas-on-x-lessons-from-the-past",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Syz The Moment"
  }
}
```