Sometimes, the best stock ideas are all around you, and in the case, it’s already in your wallet! Mastercard (MA) was added to the Bf Gf portfolio on 21 Nov 2014 at a price of $84.50.  A month earlier (Oct 2014) it’s price had dropped to as low as $70 but that totally escaped my radar…  I was probably busy with work and missed my opportunity.  (Dammit!)  Nevertheless, I regard MA as a powerhouse, buying it at a PE of about 29 at that time, is considered fair for me.  Also, being such a dominant company in the cashless payment industry, I have allocated a mid-size bet as I do not see much risks that could derail MA from is course. As I am writing this, MasterCard is at $91.25, representing a paper gain of about 8%.  Not as exciting as GoPrO ......