Could Investing $10,000 in Pool Corp. Make You a Millionaire?

Could Pool Corporation (NASDAQ: POOL) make you a millionaire? Well, the partial answer is that it likely did make a few millionaires if they had invested as little as $10,000 in the company back at the turn of the century. But then the stock lost around 45% of its value.So could another leg up be in the cards? It looks like at least one prominent investor -- Berkshire Hathaway, an owner of the stock -- thinks so. Let's consider perhaps why.Pool sells the supplies needed to build, upgrade, and maintain pools. It's a pretty mundane business, but there's an interesting aspect to owning a pool that has to be considered; once you build a new pool, it has to be property maintained, or it can quickly become a nasty swamp in your backyard instead of a place to have some family fun. This gives Pool's business a growth bias.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool