What is the value of such innovation? During just the past 10 years, this innovator has outperformed the S&P 500 by a factor of six.
Even though Deere & Company (NYSE:DE) was founded in 1837, you can easily see that the innovations it continues to make have paid off to this day.
But this example of one of history’s most influential innovators isn’t just an interesting story. It’s a playbook for literally millions of dollars in alpha for YOUR portfolio. You see, I believe that by knowing history, we’re better prepared to capitalize when it repeats itself.
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This article was originally written by Andy Obermueller and posted on StreetAuthority.