American stocks with highest returns over 100 years

Stocks A to Z
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Citing ‘Hendrik Bessembinder’s new paper which discloses the stocks that have compounded wealth at the greatest rate over time’, FT’s Unhedged lists the following uber winners since 1934:

#1 Altria : up 265mn per cent, 16 per cent a year for almost 100 years

‘Altria is what we used to call Philip Morris. We are talking about the Marlboro Man here. And you may have noticed that people have known that this company’s core product is poisonous for 50 years now or more, and still 265mn per cent. What do you make of that? That a nicotine provider, essentially, is our number one stock of all time?’

#5 Boeing: up 21mn per cent. That is an annual compound return of just under 15 per cent.
'Boeing Co, a stock we associate with hilariously bad mistakes in its recent history — doors flying off of aeroplanes and all. ’

What was that about these two being the most avoidable stocks?

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There is a reason drivers face forward, looking at where they are going, rather than backward at where they have been. :sunglasses:

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Yep.

{{ In fact, I predict one day Amazon will fail," Bezos said in reply to a staffer who asked about big businesses like Sears going bankrupt. “Amazon will go bankrupt. If you look at large companies, their lifespans tend to be 30-plus years, not a hundred-plus years,” he said. Bezos said it was his job to delay that date by as long as possible. }}

Jeff Bezos Was Obsessed With Amazon’s ‘Inevitable’ Death - Business Insider

Eventually a “Jack Welch-trained” MBA will assume command and run it into the ground.

intercst

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