The Secret Behind Amazon and Mercadolibre's Success
Let's say its March 2009. You've been lucky enough to keep your job during the Great Recession, and you've saved up $10,000 to invest. Predicting the growing importance of e-commerce, you choose to split it evenly between two first movers in the trend: Amazon (NASDAQ: AMZN) and MercadoLibre (NASDAQ: MELI).
By the summer of 2019, that investment was worth ... almost $400,000! Obviously, I'm cherry-picking my start date, but it's to highlight an important point: These two companies share a secret in their structure that is identifiable and has allowed them -- and their shareholders -- to compound their returns for more than a decade. And it's not simply that they focus on e-commerce.
If you can spot the secret, you'll have a huge head start in learning how to invest in stocks ... and finding the ones that create dynastic wealth.
Source Fool.com
