Placing ten thousand dollars into Amazon stock during the turbulent year 2000—right around the peak and subsequent deflation of the dot-com bubble—would have required immense patience through severe short-term drawdowns. However, an investor who held that position through the subsequent decades would have navigated the bursting of the tech bubble and benefited fully from the invention of Amazon Web Services and the global expansion of e-commerce, turning that mill-of-the-bubble investment into a massive, highly profitable holding by today's standards.