Ross stores was an up and comer in 1993. It had solid growth in sales and earnings while also being well managed with excellent cost control. Ferber and Balmuth put them on a solid growth trajectory. It also sold with a mid-teens P/E. Then, it split three times in the next ten years.
My biggest mistake was wasting precious time investing in mutual funds. Their fees and trading destroy returns, big time. Time is your biggest ally in investments. Use it well!
