If you'd invested $1,000 in a company called Jack Henry in 1989, it'd be worth more than $2 million today. Earning that spectacular gain, however, would have taken almost superhuman determination.
The best-performing stock of the past 30 years isn’t Warren Buffett’s Berkshire Hathaway Inc., Microsoft Corp. or Apple Inc. It’s little-known Jack Henry & Associates Inc., which provides technology to banks and other financial firms from its headquarters in Monett, Mo. .
Jack Henry’s story is common among the “superstocks” with the highest long-run returns. Once-tiny companies, often neglected by professional investors for years, end up earning higher returns than stocks that were far bigger and better-known.
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