Netflix, Tesla's stock price has increased more than 100 times Ask investors, 10 conditions to find a company that will change the world | Business Insider Japan

Ask investors, "What if you have a time machine?" And say they'll go back in 2003 to buy Netflix stock, or back in 2012 to buy Tesla stock. is not it.

Such a visionary investor is Emmet Savage, co-founder and CEO of the investment app MyWallSt. Savage first bought Netflix stock 18 years ago. The stock price, which was $ 1.69 at the time, has now risen to $ 595.

Also, when I checked the brokerage materials, I started investing in Tesla in 2012, and the stock price at that time was $ 6.35 (about 699 yen), but now it is $ 755 (about 83,050 yen). ..

Considering the stock split, Netflix's share price is 352 times higher than Savage's first purchase, and Tesla's share price is 119 times higher. The stock price of Nasdaq 100, which has many IT companies, is about 10 times higher than that of January 2003, and the S & P 500 is about 4 times higher.

For several years, Savage had seen the potential of Hollywood's threatening video streaming companies and EV (electric vehicle) startups to take on the challenge of major automakers.

Netflix has shifted from a movie DVD rental business to an on-demand video streaming business, but video streaming wasn't yet a well-known business when Savage first bought the stake.