How Fastenal became America's best-performing stock

04/18/2012 | Harvard Business Review online

The best-performing stock since the October 1987 "Black Monday" crash isn't Microsoft or Apple -- it's Fastenal, the Minnesota-based nuts-and-screws distributor. The company's share price has risen 38,565% since 1987, thanks to a willingness to make big, crazy-seeming investments to roll out thousands of sales reps and automated vending machines at thousands of sites. "If you want to win big, it helps to be a little, ahem, nuts," William C. Taylor writes.

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