Back in the mists of time (early 90’s), the old Dilbert website had a financial pages section where Scott Adams set up 4 different stock indices, 2 of them pretty frivolous and based on his comic, but two interesting ones. The RATBX was 10 companies directly in the crosshairs of Microsoft, Intel, Oracle and Cisco…the most notable stock being Apple at a current price of $0.19 which would be worth a kings ransom now ($142m for a $1000 stake if my maths is right). My big takeaway from this was that you don’t need (or should expect) everything in your portfolio to be a superstar, but it’s great to have the odd standout performer… but it’s a bit of a lottery. The DOGBX consisted of 10 cockroach companies who would be the last 10 on earth. Only 8 now exist… My takeaway from this is that this is the equivalent of your low cost, S and P tracker type fund and while you’d not get Apple type returns, you’ll get consistent long term gains ($376,000 over 20 years for a $10k stake I reckoned).
My question is, if we picked cockroach or crosshairs companies now, who would they be?
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