By Charlie Bilello of Compound
These companies have delivered unfathomable returns to their shareholders.
They have also delivered many periods of excruciating pain for anyone able to stick with them.
When thinking about big winners in the stock market, excruciating pain probably isn’t the first thing that comes to mind. We tend to focus instead on the final outcome (eye-popping long-term gains), ignoring the tremendous fortitude (holding through large drawdowns) and faith (believing it will come back) required to achieve that outcome.
Take the #1 stock in the past 30 years (Amazon) as an example… read more