Getting Rich on Rocks

ChatGPT tells me there are only two stocks that have delivered returns of more than 35% per year over the last 19 years:

Nvidia – 39% CAGR

Netflix – 36% CAGR

I'm not sure where it gets its data. There are probably others around the world it missed. But let's go with AI's answer for the moment.

35% per year for 19 years results in a 300x return.

This is a Hall of Fame result. It's an incredible feat in only two decades for a single stock.

The founders and early employees of these sorts of companies are billionaires. Books are written about them. Their faces grace glossy magazine covers. They stand almost alone at the pinnacle of capitalistic achievement.

The fact is, there just aren't many stocks that compound at more than 35% per year for two decades. It's too high of a rate for too long of a period.

But what if I told you there was an obscure OTC stock that returned more than 35% annually from 1993 to its acquisition in 2012?

You almost certainly haven't heard of this company. Its executives aren't on the covers of any magazines and haven't written any bestselling books. And its shareholders quietly made their fortune without anybody noticing.

To make matters even more interesting, this was an aggregates business. That's right, the company sold rocks.

How could a small OTC-traded rock company produce returns on par with some of the best-performing tech companies of all time?

Let me tell you about Western Lime.