In a recent post, I wrote about the incredible returns that can be achieved by being a long-term shareholder. But finding stocks that can actually survive 20+ years is trickier than it sounds. Back in the 1950’s, corporations in the S&P 500 had an average lifespan of 61 years. Finding long-lived stocks wasn’t a problem then.
However, in recent years the life-expectancy of publicly traded stocks has diminish significantly…Read more