FYI: Finding the next Amazon.com, which first sold shares to the public 20 years ago this week, is hard. In fact, finding the last Amazon was hard, too. From 1926 through 2015, only 30 stocks accounted for one-third of the cumulative wealth generated by the entire U.S. stock market; Amazon was one.
That’s 30 out of a grand total of 25,782 companies that were publicly traded over that period.
Regards,
Ted
http://jasonzweig.com/amazons-49000-gain-the-most-super-of-superstocks-since-1926/
