I was asked this in the pub last night, as a means to identify the qualities that might help identify markers that could identify the best investments for the next 20 years.
To me, the obvious ones from 2000ish onwards would be the likes of Apple, Amazon, Netflix and Tesla. There are possibly a few more I’ve missed.
All fairly well managed. If you take Amazon and Tesla, those at the top took their salary in long term share incentives. Could that be one good marker to look out for - is there a way to search for directors that take most of their salary in share incentives to identify companies?
The all also reinvest heavily, a second good marker perhaps (don’t pay dividends perhaps?).
They have also all tried to do something a little different to their peers, and have a convenience factor. Another marker?