I don’t think both can be 100 baggers too. Best I can find. 10x will do I think can’t get 100 baggers stocks till there is an EPIC bear market like what Panda wishes. There was one in Mar 2020.
The problem with today market is everybody is well read and knowledgable, and willing to pay 5-10 years later price. Also, heavy dilution from stock-based-compensation. This is equivalent to 5x to 10x gain gone. A 100 bagger becomes a 10-20 bagger.
Look at performance of Google and Facebook after IPO…
If we can find a mid cap ($1B-$10B) controversial stock, where there are very strong polarized beliefs like TSLA, 100 bagger is possible in 10-15 years.
DRIPping S&P index fund is about 11%, so you will get 100 bagger in 50 years.
What we want is 15-20 years, so need the stock price to appreciate 25-33% p.a.
“There is no amount of security analysis that is going to tell you a stock can be a 100-bagger. It takes vision and imagination and a forward-looking view into what a business can achieve and how big it can get. Investing is a reductionist art, and he who can boil things down to the essential wins.”
Why insist on 100 baggers though? Why not three 5 baggers? 5 x 5 x 5 = 125. Like a rocket with multi-stage boosters.
Very difficult to land 100 baggers. It’s not enough to find a good company in a secular up trend. That’s necessary but not sufficient. I think you also need a very capable and lucky founder to steer the company through multiple pivots. Apple from Mac to iPod to iPhone to iPad etc. Nvidia from graphics to crypto to AI to data center. Founder is more important than the tech.
You can find 5 baggers every 5 years? Just for info, 20% of small caps (>$300M market cap) are 10 baggers over 15-20 years. For the first lot of 5 baggers over 5 years, NVDA, TSLA and FB may qualify.
I don’t know but I have some small positions in INFI, PDSB, PAVM (mostly around 2x baggers now). Used to have DMTK, TMDX which I rode for a nice profit a few months ago. Been buying CBIO recently but to be frank, I have no idea how any of these will do. Just rolling the dice and swinging. I’ll probably visit ARK portfolio after a crash/correction.
There are so many names being thrown around for biotech that I am utterly confused now. I have no interest to spend time to delve. Recently traders are taking about Uranium
Remember 100 baggers can’t be found by financial analysis, need…
“There is no amount of security analysis that is going to tell you a stock can be a 100-bagger. It takes vision and imagination and a forward-looking view into what a business can achieve and how big it can get. Investing is a reductionist art, and he who can boil things down to the essential wins.”
Elon Musk was ready to sell company at @$420/stock(stock has split since then), i.e. if he was sure he would return 11x on the stock price(since that date) I’m sure he would have found funding even at high cost, i.e. even the most bullish salesperson the CEO is not sure where his company will be in a few years.
IMO, as far as " baggers", Cathie is throwing guesstimate darts when there is wind on the back of the stock market on some stocks, few darts stick and most don’t.
I think can’t get 100 baggers stocks till there is an EPIC bear market like what Panda wishes. There was one in Mar 2020.
years.
