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The Very, Very Rich and How They Got That Way: The spectacular success stories of 15 men who made it to the very, very top by Max Gunther

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12. The Technology Route: The Specialist’s Approach

If you had bought the stock of Polaroid Corporation at the right time in the late 1930s and sold it at the right time in the late 1960s, you would have multiplied your money by more than 2000. To put it another way, every $100 you invested would have grown in some 30 years to over $200,000.

That is the kind of company Wall Street’s dreams are made on. Speculators continually comb the new-issues market to find a company that will repeat that monumental performance. They hunt eternally for a scruffy little company somewhere out in the boondocks, a company nobody loves today but everybody will love in the 1990s. Some highly knowledgeable hunters who have been engaged in this search over the ...

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