
Ten years after the Brexit vote, a review of a five-stock sampler—Alphabet, Euronet Worldwide, Hain Celestial, Booking Holdings, and Tesla—demonstrates the power of long-term investing in innovative companies. While the portfolio initially underperformed the market, it ultimately achieved a 712.3% return, significantly outpacing the S&P 500’s 249% gain. Alphabet and Tesla served as the primary drivers of this success, illustrating that a few high-performing "Rule Breakers" can compensate for total losses in other holdings, such as Hain Celestial. Longtime analyst Karl Thiel joins the discussion to emphasize the importance of letting winners run and prioritizing companies with visionary leadership and scalable innovation. Despite market volatility and individual stock failures, the decade-long performance underscores that backing transformative enterprises remains a superior strategy for achieving market-beating returns compared to fearing short-term uncertainty.
Sign in to continue reading, translating and more.
Open full episode in Podwise