Amazon is a high-quality company with enduring competitive advantage, founder-led culture, heavy reinvestment in R&D, and dominant AWS growth. These characteristics make it a likely candidate for 100-bagger returns over decades.
Google (Alphabet) shares similar high-quality traits: strong competitive moat, massive cash flow, and reinvestment in AI and cloud. It fits the profile of a durable compounder.
Technology One provides mission-critical software for local councils and universities. The product is deeply embedded, has high switching costs, and represents a tiny fraction of customer costs. AI enhancements make it even stickier. This combination supports long-term compounding.