Berkshire In Its Heyday Growth

I know I have mentioned this several times over the past year, but I consider the business and stock performance of Adobe Systems, Inc. (ADBE) over the past decade to be one of the most instructive business case studies over the past decade. There is so much to learn about how a software company with solid 10-14% annual growth transformed itself to “Berkshire Hathaway in its early days” type of growth with its 23% annual earnings per share growth over the past six years as it has transitioned aware from a permanent licensing to a monthly subscription-based model for generating revenue.

For investors who correctly identified this trend and purchased shares accordingly, the results have been significant, with $1 of investment growing into between $11 and $20 each depending upon the specific entry point of the investment during the past decade or so time frame.

As a result, I have … Read the rest of this article!