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When to Invest in a Visionary . . .

corneliussmurphy 0

For decades, industry experts and value investors have largely ignored visionaries and have purposely not invested in their companies. Even the likes of Warren Buffett never put a dime into Apple stock until one of Buffett’s lieutenants at Berkshire Hathaway made a compelling case and BK bought its first 10 million Apple shares in May 2016. This is not unusual as visionaries like Steve Jobs are unpredictable, quirky and often misunderstood as they are able to see their vision with 20/20 clarity when the rest of us are virtually blind.

With this in mind and history as my barometer, I decided to research a handful of whom I refer to as visionaries to see what I could find out about WHEN to invest in a visionary . . . spoiler alert, it’s between 10 and 12 years from when their business started.

Starting with Steve Jobs and Apple Computers, there were many years of volatility, leadership changes and bizarre product introductions that tested our imaginations for why we would ever need them. Larry Ellison ran Oracle and many found their software offerings difficult to monetize. Today, we look to history to help us figure out just when to invest in them, hopefully learning from the past so that we too can make millions on the backs of these geniuses.

Read the entire 4-part article with more details and graphs on using the URLs below . . .–1582834378-1