Henry Blodget

Henry Blodget (born 1967) is a former securities analyst, famous for his optimistic outlook of dot-com stocks during his tenure as senior Internet analyst for Merrill Lynch in the late 1990s and early 2000s. Henry Blodget's predictions made him one of the most influential investment advisors of the time. In October 1998, his unprecedented prediction that Amazon.com's stock price would hit $400 landed him a prized position at Merrill Lynch. In early 2000, days before the dot-com bubble burst, Blodget personally invested $700,000 in tech stocks, only to lose it all in the year that followed. By 2001, he accepted a buyout offer from Merrill Lynch and left the firm. In 2003, he was charged with civil securities fraud by the SEC. He settled, ending his career as an investment advisor. As of 2004, Blodget is a commentator for Slate Magazine.

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