MEANING OF TEN BAGGER --Discussion
The definition of a TEN BAGGER is "a stock whose value increases ten times"
The expression was originated by Peter Lynch , one of the greatest investors of all time
So far , so good --- but nowhere can I find any really meangingful reference to the time period allowed to score a ten bagger
A year would seem most unlikely , except in the most extreme of cases
A decade maybe --- this would seem pretty damm good
Fifty years --- one would probably expect any reasonable stock to be a ten bagger in this time , given good returns , compounding , inflation etc
So a simplistic statement does not , in my opinion , address the matter fully ( and I wont be around for another 50 years for that option anyway )
So far I have been investing ( and trading ) for under 4 years and have achieved less than a handful of 2 to 3+ baggers , and one real " bugger "
I would like to hear what others have to say on this subject