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Andrew Baxter | VK

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Andrew Baxter
Andrew Baxter | VK

After arriving in Australia, from London, in 1999, one of the first things Andrew Baxter noticed was the massive number of retail traders in the market. Back then, there were three major factors driving things. The first was the increasing access to the internet (remember pulling the chord out of your phone and attaching it to your computer!) and the second was the likes of AMP and Telstra listing, bringing millions of new investors into the stock market. And the third – the “Dot Com” boom. And while the internet may have stuck around, the Dot Com boom became the Dot Com bust, and with it, tens of thousands of people lost hundreds of millions of dollars.

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Andrew Baxter
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