MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 19.31% on an annualized basis producing an average annual return of 31.01%. Currently, MercadoLibre has a market capitalization of $100.99 billion. Buying $100 In MELI: If an investor had bought $100 of MELI stock 15 years ago, it would be worth $5,819.43 today based on a price of $1991.99 for MELI at the time of writing. MercadoLibre’s Performance Over Last 15 YearsFinally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in …