Hitting investment home runs

Hitting investment home runs

How do you get the 10 or 100-bagger in your investment?

How do you hit an investment homerun? In other words, to get a multi-bagger return?

Simple! To hit a homerun, or to get a 10-bagger, you first need to let it become a 2-bagger.
Then you need to let it become a 3-bagger, a 4-bagger....and so on and so forth.

What am I trying to say?

Don't be too eager to give in to the urge to take profit, because you are just shortchanging yourself when you are on to a winner. I've seen too many people take profit too early because of the urge to "bank profits" and "feel good".

In my years of experience, I have found that it is not easy to find GREAT companies. If you do, don't let go too soon.

If not, Strike 1!

Joshua Fong, CFA

Article by Joshua Fong, CFA

Published 02 Jan 2023