It could be the little google now, as I shared with my friend. It appears that it has everything right now, except that I donot like video games that much. :）
because of mega stock's dominance. in 1980s/1990s, MSFT, INTC, Compaq, and APP easily passed that test. The internet born companies are harder to do it now. It may take 10 years like GitLAB. They need to compete against msft and could easily lose to the giant.
这里只是说选大牛股的必要条件。充分条件当然会有更多。
Anyone has other first principals to add here?
https://bbs.wenxuecity.com/tzlc/1944984.html
1. Marketing is done by customers who recommended each other, not by their own marketing team/products are so good that it sells itself
2. Sales growth at least over 30% for three consecutive years; cash flow grows 30% annually
3. Very conservative in financing; achieving positive operating profit in 3 years (harder to do now with mega 7 sucking up all of the profits)
4. Billionare founders who are still passionated about changing world in a positive way (align with your second point)
5. Have a great /famous partner or customers: i.e. goverment for pltr, IBM for microsoft when it was young; Apple for AVGO;
Thanks!
I was in a business meeting in person with Charles before, he is a great execution focused CEO, but no vision
It could be the little google now, as I shared with my friend. It appears that it has everything right now, except that I donot like video games that much. :）
It is the most sustainable and safe high performing company over the past 40 years.
because of mega stock's dominance. in 1980s/1990s, MSFT, INTC, Compaq, and APP easily passed that test. The internet born companies are harder to do it now. It may take 10 years like GitLAB. They need to compete against msft and could easily lose to the giant.