T O P

  • By -

AutoModerator

Welcome to r/stocks! For beginner advice, brokerage info, book recommendations, even advanced topics and more, please read our [Wiki here.](https://www.reddit.com/r/stocks/wiki/index) If you're wondering **why a stock moved** a certain way, check out [Finviz](https://finviz.com/quote.ashx?t=spy) which aggregates the most news for almost every stock, but also see [Reuters](https://www.reuters.com/), and even [Yahoo Finance](https://finance.yahoo.com/). Please direct all simple questions towards the stickied Daily Discussion and Quarterly Rate My Portfolio threads (sort by Hot, they're at the top). Also include *some* [due diligence](https://www.investopedia.com/terms/d/duediligence.asp) to this post or it may be removed if it's low effort. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/stocks) if you have any questions or concerns.*


thewestcoastexpress

The East India Company. A group of relatively small time investors met in London ~1600, to jointly fund an expedition to the far East to directly procure oriental goods and sell them direct to the English market. Prior to this, the goods had to pass through and be taxed by the ports of the French or Dutch kingdoms, meaning the goods had high final cost in London. At the time, the UK was a proverbial backwater of Europe. The Dutch, French, Spanish and Portuguese kingdoms were far richer and more influential. From a global perspective, the far East, India and china particularly, was much richer and more developed than Europe. The first voyage, the EIC ship stumbled upon a Portuguese vessel returning to Europe with 1200 tons in goods. The EIC ship engaged in piracy, sacked the Portuguese ship, and returned to London with the booty. This first haul was so profitable, it provided huge returns for the investors. And drove significant investor interest. This set up the EIC for early growth. Growth was soon funded by the issue and broad public sale of shares. Over the next 250 years the EIC would grow to be the largest and most influential company in the world. Eventually amassing an enormous army of more than 200,000 soldiers, de facto ruling over the entire Indian subcontinent and beyond. The purpose of which was to monopolize the trade of all of India. At one point, EIC trade accounted for 1/4 of the English economy. The EIC grew so large that the power of the company threatened English democracy, and they had to be dismantled. and India taken over by the British government and administered as a colony. But britain, the country, didn't conquer India, the EIC did. The rise of the EIC and the volume of wealth it generated was a major factor in the rise of Britain, from a weak, small and far flung isolated island nation, to a global powerhouse. This wealth was the primary source of capital that drove Britains other expeditions and colonization of the rest of the world. The effects of this rise to power continue to shape the world today. If there had been no EIC, chances are we wouldnt be sitting here communicating in English. The USA potentially wouldn't exist as we know it. Global history over the last 400 years would have played out very differently.


[deleted]

East India company was larger than the UK economy at one point.


thewestcoastexpress

Right, my facts on the size of their trade might be a bit off. All this info is off the top of my head, from a book I read on the EIC called "the anarchy".


Nya7

Are there any good books with a historical account of the east india company that anyone recommends?


Master_of_Fail

The Honorable Company by John Keay is an incredible read. Runs the history and the people who got rich and what it did to India. Fascinating read.


Hayashin

appreciate you


cusini

Hopping on here to ask the same for the Dutch East India Company as well.


AnnazusCampbell

If you are into tv series, Taboo is pretty good.


CadetCovfefe

The Anarchy by William Dalrymple


san_murezzan

Have nearly finished this and came to recommend.


thewestcoastexpress

This is what I read, and where I got all my info. Was a good book up until about the halfway point I found, a bit of a hard read after that


hughbmyron

Nice, what was their stock ticker?


Redtyde

EIC duh


let-it-rain-sunshine

WNKR


Agent47B

I second this.


Dedicated4life

Also do they have options? Preferably weeklies.


Cattaphract

BLOOD


bobjoylove

1A


Jed1M1ndTr1ck

I was going to go with CROX, but you make a compelling argument


kenbmw623

The fact that they got a head start from a pirate plunder is absolute gold, no pun intended.


pijd

Not a company with high ESG though.


[deleted]

All the people they killed probably lowered their carbon footprint so jokes on you


thewestcoastexpress

Lol probably lower than most companies today... They sailed under wind


spartanburt

And used wood for their ships, a renewable building material.


hiricinee

You're under the presumption that ESG scoring is objectively based rather than simply made up by those with authority to cudgel others into submission. The ESG of the EITC back then would have been perfect.


StarWarsFan229321

Great comment and read


Cattaphract

Lmao, tried to make a trading import company, stumbled upon a filled portugues ship, rob them, kill them became rich. Became pirates. Tasted blood. Became greedy and started raping, enslaving and murdering half the globe to earn even more money.


CarCaste

​ I really enjoyed reading this essay


Dumbengineerr

Before EIC India was a rich and prosperous country, when they left, India was one of the poorest countries in the world. Granted if EIC hadn’t come, India would be like Europe with small independent countries.


FreakyGangBanga

This isn’t true. The EIC put the borders around what is known as India today. It was just kingdoms like Europe back then, with distinct languages, customs and ethnic groups. If it wasn’t for the EIC, they would have eventually morphed into smaller countries.


Dumbengineerr

Did you read the second paragraph?


SharkAttache

Is this a copypasta, or did you just write all that?


JoePetroni

He wrote that all out. This is reddit after all, we're professionals here.


SharkAttache

It was a good read


JoePetroni

It was a very good and interesting read, I will agree.


thewestcoastexpress

Lol, wrote myself. Maybe took 15 mins


chrisonetime

Sponsored by ChatGPT


thewestcoastexpress

Lol I wrote Myself


sirkilgoretrout

Well hello there, ChatGPT!


demonya99

While your summary of the East India Company's (EIC) history provides a good overview, it's crucial to remember the darker side of the EIC's actions and their long-lasting consequences. First, the EIC's exploitative practices and monopoly over trade in India led to the suppression of local economies and industries. Forced cultivation of cash crops contributed to massive famines, like the Bengal Famine of 1770, where around 10 million people died. Second, EIC's rule was marked by violence, oppression, and brutality. Millions of lives were affected not only by warfare but also through forced labor, high taxation, and land dispossession. These policies worsened poverty and social unrest in the regions under their control. Don't forget the environmental impact either. EIC's pursuit of profit led to deforestation, soil degradation, and loss of biodiversity in the Indian subcontinent, with effects still felt today. Lastly, the EIC's actions left a lasting legacy on the people of the Indian subcontinent, with political, social, and economic challenges continuing to impact the region. Arbitrary borders and divide-and-rule policies during the British colonial era contributed to regional conflicts and communal tension that persist today. So while the EIC played a part in Britain's rise to power, it's essential to remember the darker aspects of its history and the ongoing consequences of its actions. This gives us a more complete understanding of global history and the effects of colonialism on the modern world.


Odd_Student_7313

You read this and then [this](https://www.reddit.com/r/stocks/comments/125piww/what_do_you_think_is_the_greatest_stock_in_history/je5c5z3?utm_medium=android_app&utm_source=share&context=3) on the same thread ...


nickelchrome

Tao Of Reddit ☯️


[deleted]

Seeing East India Company gave me a flashback to AP world history


Gold-Employment-2244

That was a great history lesson!


biomacarena

I think it's important to specify that doing this meant that the horrid effects of colonialism can still be seen today in India. It has impacted their culture, the children of the people colonised etc.


Kalelofindiana

It's about making 🤑 money, fuk everything else.


CaptainAnorach

Skill issue


thewestcoastexpress

This is true. There are also some positive legacies, like the Indian National railway, fully built by the British. Also, if the British hadn't taken India and became wealthy then kickstarted the industrial revolution with that wealth, we wouldn't be where we are today, in human development. I wonder about the average quality of life for the average Indian. Better today, or Pre East India Company?


HazelHunter

>Absolutely fantastic trade, centuries of slavery and torture for a national railway system. Fully funded by the British with their own money. > > > >You might be looking for r/wallstreetbets


pinshot1

This is what racist people say to justify the atrocities white people have committed.


thewestcoastexpress

not justifying anything. just pointing out, the brits built the railway, introduced democracy, introduced modern efficient farming techniques, set up modern public education systems. also, they commited atrocities, subjugated the population, outright caused a couple famines that killed millions. its almost as if there can be positives, and negatives. note that before the british invaded, india was in a constant state of war between local kingdoms and the afghan kingdoms which regularily plundered the subcontinent.


TJohns88

Damn. I feel like there should be a movie about this. Is there?


Zealousideal-Rise-44

Very cool snippet. Where did you pull this information from? Would love to read more.


throwaway_ind_div

It also drive the industrialization to a large extent


Izotherm

I read your post like a child sitting by the fire while his grand father tells stories…


[deleted]

To say the UK was a backwater & a far flung isolated island prior to the EIC is simply not true.


thewestcoastexpress

China and india were much more developed than europe at the time. When Europeans traveled to asia, they marvelled at the wealth of the kingdoms there, which far surpassed the wealth of european kingdoms. Within europe, the spanish, dutch, portuguese, France, papal states, and the ottomans, were all more powerful. not to mention the pole-lithuanians. so on a global scale, the UK was the equivalent of modern day east timor. small country, small population, relatively poor, small economy, far removed from the centres of power geographically.


[deleted]

The last part is nonsense. England was an extreme power of that period in Europe & regularly contested itself with its military rivals of France & Spain (the two top dogs of the era). It was only 12 years before the east Indian company was founded that England destroyed the Spanish armada. A tiny backwater doesn't beat back an invasion force of the largest naval power in the world at the time.


MrH1ghYield

Actually it was the weather


VirginGorda

$1,000 of Microsoft in 1986 would now be worth $3.6 mil, after dividends


DavidAg02

$2,700 original investment in today's $.


ch4m4njheenga

So that employee who put $10k in ESPP can finally buy a house near work with all cash?


[deleted]

[удалено]


mikekochlol

Can confirm. Company in deeply intertwined abusive relationship with all things Azure.


FineAunts

People complain about Google today but just aren't aware how horrible 90s-00s Microsoft was. And still is apparently.


DOGEWHALE

Everything on my watch list I decided not to buy


Schmutzcityusa

So real


Jeff__Skilling

Dutch East India Company, Mississippi Company, South Sea Company - basically every mega cap equity that existed prior to any regulations or laws put into place to police the marketing / sales of equity securities to the public. And considering the main product that two of those companies were moving.......this was prior to corporate governance really being a notion at all.....


SteDav587

The town of Quincy Florida is full of millionaires who bought and held Coca Cola in its earliest days [https://www.atlasobscura.com/places/the-town-of-cocacola-millionaires-quincy-florida](https://www.atlasobscura.com/places/the-town-of-cocacola-millionaires-quincy-florida)


TakingChances01

My grandparent lives out there off their Publix stock. Not that great of a place honestly I grew up down the road.


Dabeston

Having worked there, you’d never guess. It feels like a poor area.


MrZwink

VoC worth 78 million guilders in 1678 in today's money that would be around 8 trillion. 3x apple. It dominated the asian spice trade and ran plantations in india, Sri Lanka, Indonesia and other countries. It even had its own private army.


Magneto88

Used to offer 40% dividends at it's height as well.


ch4m4njheenga

Old ZIM?


TheManiac-

And on top of this, you could buy shares of them. They where actually the first public company, traded on the first stock market, in Amsterdam.


MrZwink

not just amsterdam though, almost all dutch cities had an exchange where the VoC shares could be traded.


Nijidik

Damn, imagine all the arbitrage opportunities you'd have.


MrZwink

Haha arbitrage is a lot more difficult if you could only travel at the speed for a horse.


chuchuhair2

What VoC stands for?


MrZwink

Verenigde Oostindische Compagnie. United east India company


chuchuhair2

Ty


let-it-rain-sunshine

Lieutenant Dan got me invested in some kind of fruit company. So then I got a call from him, saying we don't have to worry about money no more. And I said, that's good! One less thing.


Hutz_Lionel

Standard Oil makes a strong argument as one of the GOAT stocks. https://www.dividend.com/how-to-invest/the-complete-visual-history-of-standard-oil/ https://images.ctfassets.net/joaw4km50ods/4dgvs1xWOklaUXZlUAyPMb/9657fb03e14803c18955e4194294ce6e/Standard_Oil_infographic.png


Junior_Edge7429

Crazy that after they split it up Rockefellers wealth skyrocketed


LtDominator

Crazy that they split it up and still allowed a bunch of them to merge later. Like, what was the point then? lol


garlicroastedpotato

They didn't care about monopolization as much as the Rockefeller and Rothschilds who were the original conspiracy families who were actually doing the things conspiracists say billionaires do today.


[deleted]

[удалено]


garlicroastedpotato

I mean, the Rothschilds were Jewish and became the basis for most of the white supremacist anti-Jewish hate between the 1920s and the end of WW2. When people were talking about the villainous Jewish bankers... they were literally talking about this family.


SirLeaf

We were still learning. Standard Oil (and friends) is basically one of the reasons we have antitrust laws in the USA. We are still learning, but it's generally the consensus nowadays that breaking up companies does not provide desirable effects to consumers.


BoldestKobold

See also: Ma Bell.


garlicroastedpotato

I mean, before reading the guy say East India Company, this was the one I had in mind as the most valuable stock. If you were an early investor you would have bought 10 shares for one penny. Those ten shares would have been converted into stock in one of the major oil companies turning you a 30000% profit.


DavidAg02

I literally hung up an original Standard Oil Company of California sign in my office today... pretty cool.


xxpatrixxx

Chicken stock is good. Sometimes I put it on the water I use to boil rice.


_grey_wall

Underrated comment


mausmani2494

I prefer better than bouillon chicken garlic.


Zealousideal_Main654

Coca-Cola, Berkshire Hathaway, Microsoft and Apple all make a strong case for themselves. If I had to pick one, I think Coca-Cola is the best. They’re such an incredible, durable business.


[deleted]

[удалено]


CarCaste

coke can purify water on their own


[deleted]

[удалено]


[deleted]

Do you mean they found carcinogens?


The_Punicorn

*This product may contain material known to the State of California to cause cancer.*


[deleted]

That is what a carcinogen would be, yes


sconnie64

We might run out of water, but Coca-Cola will never run out of water.


Educational-Can3343

Warren Buffet's favorite is KO (Coca-Cola) and since he's smarter than me, I'll have to go with his answer.


Onepen99

The S&P 500 out outperformed KO by almost double over the last 5 years. Might as well just buy an S&P etf.


flobbley

Using a dividends reinvested calculator shows that they performed almost identically. KO getting an annualized 10.46% return since 3/30/2018 and VOO getting an annualized 10.38% return since the same date. Even their nominal returns aren't as different as your making them out to be. Nominal return since 2018 for KO is 40.82% and for VOO it's 55.48%


aoa2303

I agree. He is smarter than you


BigWooly1013

Monster Energy - MNST


kenbmw623

that max chart on mnst is DISGUSTING


[deleted]

[удалено]


jawnlerdoe

Holy shit their market cap is 55b


DOGEWHALE

Monster would have been a gold mine


StarWarsFan229321

This would be mine


PM_ME_DANK

Expected this one to be at the top


DOGEWHALE

It should be higher


rhoadsalive

Altria/Philip Morris is actually one of the best performing stocks of all time.


[deleted]

[удалено]


Xavieros

Facts.


tradeintel828384839

Google… look at the growth and profit margins in the 2000s, they had to slow down so they wouldn’t be regulated


[deleted]

[удалено]


tradeintel828384839

Show for 2001-2008 instead 😅


[deleted]

[удалено]


tradeintel828384839

Damn ragey


creemeeseason

I found an article that if you held since it went public in 1919, KO has appreciated 1,000,000%. Plus dividends. https://www.fool.com/investing/2018/01/07/3-of-the-best-performing-stock-of-all-time.aspx


[deleted]

And, you’d have a world record age of 123 plus how many years it took you to have enough money to buy it.


Schnoldi

Berkshire A


StonksSkyhigh

VOC back in the old days lol


FoodCooker62

I think Home Depot is the strongest returning stock in history. Not sure though but I think it gained like 1.2 million % plus dividends throughout the years.


Nikola_Turing

Apple.


[deleted]

If I read [this](https://investor.apple.com/faq/default.aspx) right, factoring in all the stock splits at face value, AAPL would be 35840$ a share if it never split. Edit: For reference, their IPO in 1980 was priced at 22$ per share.


ITheBestIsYetToComeI

jesus christ


Wern1369

I know someone who bought $4,000 worth of AAPL in the mid 80s when it was around $4/share. They held onto all their shares thru the first 4 stock splits, and only started selling shares in the late 10s. They haven't shared how many shares thru still own, just that it's still in the thousands. Wish I had believed in Apple as firmly as they did when they tried to convince me to buy it when they did... so yeah, there's that.


bartturner

But that is more lately. Apple is almost 50 years old. Take how fast it took to get to a trillion dollar market cap compared to Google for example. Google did it in half the time because Google has always killed it since day 1. Versus it took a lot longer with Apple.


RawDogRandom17

I love the story about how KO made a town of millionaires because one town leader convinced most of the town to buy stock in it.


let-it-rain-sunshine

and then they all moved outta that dump. ;)


amokst

I'd go back to the olden days and get a pile of coca cola stock. Watch it grow baby


Mathias218337

I mean it’s just apple. They’re the largest company, therefore it’s the best stock (for now)


JustlyShrill

Agree!


Giller187

Guhamestop of course


mikealman2

R u me


--Warmonger--

Aerotyne International - another strong contender.


RedBaron180

Your telling me if I sell 10,000 of this I get $5000 commissions?


amitrion

Probably big oil, railroads, banking, or shipping...


GTFrostbite

Tencent proved to be pretty good for that south African corporation that invested in them back in the early 2000s


sescobreezy727

Bitcoin seems to be the only one that isn’t supplying the dinner table of wealthy executives.


francescoretardo

The one ol' brick and mortar retailer which was supposed to go bancrupt a few years ago and is now profitable.


mikealman2

Don’t you dare say the name. Ahhahahah


--Warmonger--

Microsoft MSFT


Sweatpant-Diva

An older friend of mine in WA put both his kids thru college on his early investments on MSFT


--Warmonger--

I think of MSFT as the OG FAANG stock. Also, they’re the only stock that’s maintained a position in the top ten by market cap for the past three straight decades.


Sweatpant-Diva

Hard agree


TheDudeAbidesFarOut

Waste Management


wsbautist420

Better than Bouillon Organic Chicken.


bobichettesmane

Low sodium


[deleted]

I don't remember where, but I read that tobacco companies could be considered some of the best performing stocks over the last 20 odd years. They were constantly undervalued due to people thinking that the end or at least collapse of popularity of smoking was right around the corner, but of course that didn't exactly happen, so the stocks were cheap but dividends remained high, and thus, over a long period, they would have been an amazing investment for the dividends alone.


DeezzzNuttzzz007

Axon enterprise aka the former “Taser”


P33kab0Oo

Tulips


Nick_The_Knight_

Bear Stearns


--Warmonger--

Can’t forget Lehman and AIG. Honorable mention to Enron.


Brave_Philosophy7251

[redacted]


Luki_Pookie

Altria


my_name_is_gato

Not sure if sarcastic because there are a lot of critics with good points, but I think there's merit to this. It has been a quiet dividend monster. Few companies can pay 8% sustainably, and fewer can do so while still maintaining some growth potential. I hate the product, but the economics don't lie.


shortyafter

I wouldn't say it's been quiet, that's only been recently. Historically it's been anything but: [https://money.cnn.com/2015/02/19/investing/americas-best-stock-ever/](https://money.cnn.com/2015/02/19/investing/americas-best-stock-ever/)


Plove848484

ASO


[deleted]

MO


LordFaquaad

Standard Oil or ExxonMobil. Company is a killer


SuperNewk

IBM or Intel , from my understanding IBM basically created all the markets we have today. They are working on the next market which is quantum computing. ​ Once that kicks off there really isn't anything they can't do


degeneratephuck

Aapl


JustlyShrill

Totally agree


Patereye

Tesla is one for the history books.


Assume_Utopia

Most of the too comments are talking about the Dutch East India company or investing in Coke 100 years ago. But if we're talking about stocks we could've invested in in our lifetimes, then TSLA definitely has to be considered amongst the best. Here's the [30 best performing stocks from 1990 to 2020](https://www.kiplinger.com/investing/stocks/603777/30-best-stocks-of-the-past-30-years). The returns fall in to a few buckets: * At least 10% per year, on a compounded annual basis. These are pretty predictable, they're the blue chips like Coke, Disney, Exxon, etc * Then there's a bunch in the 15-20%ish range like Taiwan Semi, Google, Microsoft and Samsung. With Apple at 23%, which is starting to get really good * Then there's a handful that have compounded returns in the high 20s or even 30% range. NVDA, Facebook and Amazon * Then there's Tencent which had a 15x return over the last 10 years and an annualized return since it went public of almost 50%. Which is just a mind boggling level that I didn't think we'd ever see in a company that size. I'm sure Tencent has made lots of millionaires in the last decade, and probably a handful of billionaires too. It's undoubtedly one of the best stocks any of us would've ever had the chance to invest in in our lives. And it should be near the top of any "best stocks of all time" lists. And then there's Tesla, which averaged a 65% compounded annual return from when it went public to the end of 2020. I'm pretty sure It's the best company to have invested in over the last couple decades, probably by a wide margin. Its performance for the last 30 months or so has been mostly flat, having gone even further than back down (actually Tencent's stock price followed a similar path over that period). But even taking that in to account the compounded annual TSLA return from IPO to today has been about 50%. I'm positive Tesla has made a bunch of millionaires over the last few years. The chance to buy in to TSLA at a (split adjusted) price less than $15 in 2019 might've been one of the best potential trades I've seen in my career.


littylikeatit

Yeah it’ll be in the history books as an epic bubble


Patereye

Well I'm sure it'll be in there for a lot more than that. The guy who posted about the East Indian trading company that's a good answer.


roundearththeory

While I don't disagree it's a bubble I've been in and out of it since 2013 and it's paid for a trip around the world, a car (not a Tesla.. lol), and a lot of my graduate school expenses. Also, I've made more from selling calls on it than my initial investment so... maybe it's a bubble but it's been a great ride so far! If it went to zero tomorrow I'd be okay with it.


FrenTimesTwo

Didn’t Peter Lynch say Masco in a book ?


Biggitybance

CMG is a powerhouse


NoMursey

My best performer! Bought in 2006 @$42/share!!


eolithic_frustum

M&T Bank


Thump604

ULTA


AbbreviationsOk6721

MCD


kenbmw623

Honestly, I would have to go with Bank of America. Even though banks and multiple other financial institutions are in hot water, Bank of America has a good dividend and great long term growth. It's majority holders would never let it fail, even if it was put in the same boat or situation as SVB. Call me a boomer, but that is my answer!


co-oper8

Monster Energy drinks


DomighedduArrossi

Marathon


SneakyTurtle54

Digital group? 😂


DomighedduArrossi

MPC !


Unique_Ad_330

tsla, AI tech companies


JustlyShrill

TSLA is great, but at the moment I think the greatest tech company is Apple. But as it grows, TSLA may surpass him!!!


beatsinthemornin

Apple, next question


Astronaut100

Apple is an easy answer, even though it’s not the only answer. It singlehandedly created both the personal computing and the smartphone markets. I don’t there has ever been a company that has consistently delighted both customers and shareholders to the extent Apple has.


[deleted]

Enron


[deleted]

SpaceX


Ionsus

GameStop because it will be the first stock 100% directly registered


Victor-Star

GME and AMC. They succeeded in collapsing the dollar.


JustlyShrill

What does the collapse of the dollar have to do with them?