Domino's Pizza and Google both IPO'd in 2004, yet Domino's outperformed Google for nearly 20 years until recently, demonstrating that boring, well-managed businesses with protected margins can compound quietly and outperform exciting tech companies that chase growth.
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How Domino's Beat GoogleAñadido:
Domino's Pizza and Google, arguably the world's most cash generating business of all time, IPO'd about a month apart from each other all the way back in 2004. And until just a year ago, Domino's was actually outperforming Google since the initial public offering. It's a fun game picking the exciting tech companies, but sometimes boring is best.
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