As a former stock broker, 20-year stock trader and serial
entrepreneur my life experiences have given me a unique perspective
to back the prediction made in this report that Google will become
the largest and most profitable company in the world within 20
years. From investing experiences I learned as all savvy investors
know by now that innovation that defines new markets is what
typically creates great wealth.
I remember when I became a stock broker in the early eighties
reading about a company that was trading for less than $2 but
several experts said that because it had the only real product for
the new PC business that this cheap stock would one-day be one of
largest companies in the world. That Company was Microsoft
(MSFT)
which at the time was smaller than Lotus Software. I missed out on
Microsoft because I could not grasp it at the time. Later in the
late eighties a networking company came to my attention, a company
that led the world in networking computers. That company was Cisco
(CSCO)
systems. I did catch all of Cisco’s growth, in fact at one
time I lived off trading Cisco’s stock exclusively for 3
years straight.
The same phenomenon that powered Microsoft and Cisco is at work
behind Google. Google is already gigantic having 2007 revenues of
$16.5 billion and earnings of $4.2billion. Google has also had
growth rates above 50% for the past 3 years. I believe that Google
has an innovative business model that defines the greatest market
of all time, that of the information market
Information is Google’s infinitely expanding raw
resource
Microsoft essentially grew into one of the world…
Prediction: Google To Become the Most
Profitable Company in the World
As a former stock broker, 20-year stock trader and serial
entrepreneur my life experien...