This company has turned $2,500 into $1 million, but it’s probably not on your radar. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis — even one of our own — helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. What company has turned $250 million into $100 billion in the past 25 years by focusing mostly on online marketplaces? You might be thinking Amazon, but the company I’m actually referring to is IAC/InterActiveGroup (NASDAQ:IAC), the interactive media conglomerate long led by media mogul Barry Diller. Following its spinoff of Match Group last year, IAC — along with the 10 enterprises it has spun off over its history — would be worth about $100 billion, according to a recent shareholder letter from the company. This is up from the $250 million that IAC’s predecessor, Silver King, was worth when Diller took it over in 1995. That comes out to a compound annual growth rate of 27%, easily besting the S&P 500 historical average return of 9% and even topping Warren Buffett’s Berkshire…
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The Best Growth Stock No One Is Talking About
