Everyone wants to find a "one decision stock".Do you know what that is?
It's a company you can buy and just hold. One you never have to sell.
Warren Buffett is a member of that club - he
has famously said his favorite holding period
Let me give you an example. Microsoft was a "one decision stock".
If you had put $10,000 into Microsoft Corp in 1990. A decade later you'd be sitting on $966,000.
1) Owner Orientated Management
Wal-mart had Sam Walton, Apple has Steve Jobs,Dell has Michael Dell, Berkshire Hathaway has Warren Buffett.
All of these companies had rock stars leading them - Figures so powerful their reputations eclipsed their companies.
Each of the above "rock stars" are
A) Brilliantpeople but more importantly B) Are owners not just managers.
Each of them dedicated their lives to their business. They have their entire net worth and ego invested their business.
There is a big difference between a manager and an owner.
Look for family owned companies where management own 20%+.I'm always amazed at how big a factor owner orientation is.2) Durable Competitive Advantage or MOAT