A 23,000% Profit In 30 Years

n Uncertain Times, Investors Should Focus on High-Quality Companies

Ever hear of International Holdings Co. PJSC?

Eh… me neither, until recently

It’s turns out, the company is surviving the new depression quite well, thank you very much. Bloomberg tells us that in the last year, the shares are up an astounding 2,819%.

That’s nearly 30-fold in a year!

Of all companies with a market value of over $1 billion, International Holdings is the single-best performing stock in the world. The shares are already up another 351% this year. That’s amazing.

So what does International Holdings Co. PJSC… you know… do? Well, that’s not so easy to answer. It’s an Abu Dhabi-based investment holding company. Last year, it got most of their revenue from—ready for this?—fish farming in the United Arab Emirates.

International Holdings has had a few acquisitions in recent months, but nothing too big. In fact, trading volume has been unusually light. The stock averages about 30 trades per day.

Not much is known about the company except that its price goes up, up, up. But why is it so popular? Well, that’s a bit of a mystery.

Frankly, I’m going to take a pass on International Holdings Co. PJSC, but I wish the company well. As an investor, I prefer more concrete companies with consistent operating histories.

Too often, investors think there’s a shortcut to investing success. In reality, successful investing is pretty dull. It’s about finding good companies that do something very well, and watching them do it again and again. It’s like an endless game of betting that what’s expected to happen, will happen. As Ring Lardner famously spun Ecclesiastes: “The race is not always to the swift nor the battle to the strong—but that’s the way to bet.” That’s what good investing is all about.

Danaher Is One of the Most Consistent Stocks Around

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