For many, the main point of investing in the stock market is to achieve spectacular returns. And we’ve seen some truly amazing gains over the years. Don’t believe it? Then look at the Fabasoft AG (ETR:FAA) share price. It’s 602% higher than it was five years ago. And this is just one example of the epic gains achieved by some long term investors. And in the last month, the share price has gained 0.9%. But the price may well have benefitted from a buoyant market, since stocks have gained 15% in the last thirty days.
Anyone who held for that rewarding ride would probably be keen to talk about it.
To quote Buffett, ‘Ships will sail around the world but