$Amazon.com(AMZN)$ I bought $Microsoft(MSFT)$ in 2003. It lagged the market being undervalued for a decade. Everyone called it a dog. Now I'm up more than 1000%. People's definitions will vary but for me, MSFT was not a dog.
I am betting that AMZN will eventually do the same thing. May take another 10 years. Sans insider information or a crystal ball, buying undervalued companies with strong management, a moat and good grows prospects and holding on is the best risk/reward ratio out there.
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