Secular growth as a defensive investment

Secular growth as a defensive investment

June 05, 2020 |Grace Wang Portfolio Management Practice
On May 15th, 1997, Amazon became a public company at a price of $18/share. $10,000 of seed capital invested in 1997 would have grown to $12 million as of May 2020. This example highlights the power of secular growth. Rather than trying to time the markets...
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