If you had invested $1,000 in Amazon’s IPO in 1997, you’d have roughly $1.87 million today (~2,000-bagger).

But here’s what that journey actually looked like:

• You lost 95% of your net worth during the Dot-Com crash (2000)

• You waited 10 years to get back to breakeven (only in 2007)

• You lost 50% again in the 2008 financial crisis

• You lost another 50% in 2022

Everyone wants the reward. Almost no one survives the process.