Waste Management’s (NYSE:WM) investors will be pleased with their impressive 111% return over the last five years
Passive investing in index funds can generate returns that roughly match the overall market. But the truth is, you can make significant gains if you buy good quality businesses at the right price. For example, the Waste Management, Inc. (NYSE:WM) share price is up 94% in the last five years, slightly above the market return.