The Wall Street Journal recently published a fascinating column on the best-performing stocks of the last 30 years. One intriguing feature of these enormous success stories is that so many of them are little-known companies in ordinary, sometimes downright boring industries: railroads, health insurance, back-office automation. The runaway winner, with a staggering stock price growth of 107,099% since 1985, was a truly obscure outfit called Balchem Corp., which makes flavorings and nutritional additives for animal feed — not exactly Google or Disney.
Companies Can’t Be Great Unless They’ve Almost Failed
What the best-performing stocks of the last 30 years have in common.
March 21, 2016
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