The best business in the world
What is the best business in world?
Yesterday morning I was with two other ex-Morgan Stanley guys. One now works as a partner of a distressed-debt fund. The other runs a courier business.
Both have done incredibly well for themselves.
Over breakfast, we discussed the global economy, the impact of technology, Brexit, Morgan Stanley, and many other things.
In everything we discussed there was some disagreement. Except for one thing. All of us were in complete agreement that Alphabet (Google) is the best business in the world. By far.
We all agreed that if we could only own one asset, it wouldn't be gold or silver, or property in London, or US Treasury Bonds. It’d be Alphabet stock.
Its management thinks so long-term, executes so damn well, and gets in all the right spaces. It is just awesome…
Source: https://www.quora.com/What-is-the-be...iness-in-world
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