I could be very rich
Buy Right and sit.
Reuters service started in 1851 Bloomberg started in 1981. When I worked for BPI in Lisbon in the 80's I assisted and helped (I was involved ) the change from all Reuters terminals to all Bloomberg terminals. It took 10 years and the difference of quality was amazing. We could send messages before internet, we could customize graphs etc... If I could invest in the Bloomberg company I would be rich. But Bloomberg was not listed .
However I was one of the first users of AMAZON in Portugal , I was a huge buyer of books and I bought Amazon stock however I did not sit tight. Each time I thought we were in a Bear market I sold and of course when you sell something at USD 500 it's difficult to buy again at 700 or 800. I lost the boat . The lesson is if you are making 100% and the company is still growing just sit tight. AMAZON went from 15 in 2000 to 3100 now ! (Table below)
If you have a winner just sit.
How to find the new AMAZON or the new BLOOMBERG? Hire me I have some ideas where to search.
1.Small
2. Innovation
3.Growth
4.Moat
......
we have 15 criteria for a future 100 Bagger candidate
I agree wholeheartedly re disruptive growth companies... but then I would! Hope you are well... did you guys change offices when you left BPI/Caixa? That looks very similar to your old office, no?
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