Ferrari ( RACE ) is one of the most iconic brands in the world, as it represents the height of Italian craftsmanship, engineering, and luxury. It has also been an extraordinary stock to own since its spin-out inI am always on the lookout for businesses that have a strong cash generating ability and a strong enough competitive advantage that I can be sure they will be around for the next decade, and at a price where I can be as sure as possible that I can achieve at least 15 percent annualized returns, or el ...