We think all investors should try to buy and hold high quality multi-year winners. And highest quality companies can see their share prices grow by huge amounts. Just think about the savvy investors who held Yandex N.V. (NASDAQ:YNDX) shares for the last five years, while they gained 338%. If that doesn’t get you thinking about long term investing, we don’t know what will. On the other hand, the stock price has retraced 6.1% in the last week. But this could be related to the soft market, with… Source link
Read More »This Week in Lincolnville: The Wonderful Google Machine
Have you ever needed to find the center of a circle? I don’t know about you, but it’s a problem I deal with maybe once every few weeks. Why? Probably because I can’t keep my hands still and constantly find stuff to fix or to make. Forget the clumsy way of trying to measure across at the exact widest part of the circle, which is my default method after rummaging through the house looking for the compass I thought I had. Instead, the other day, I went to Google. And a window, a window in… Source link
Read More »Yandex’s (NASDAQ:YNDX) Wonderful 315% Share Price Increase Shows How Capitalism Can Build Wealth – Simply Wall St News
Long term investing can be life changing when you buy and hold the truly great businesses. And highest quality companies can see their share prices grow by huge amounts. Just think about the savvy investors who held Yandex N.V. (NASDAQ:YNDX) shares for the last five years, while they gained 315%. And this is just one example of the epic gains achieved by some long term investors. Also pleasing for shareholders was the 51% gain in the last three months. The company reported its financial… Source link
Read More »