Journey to 100X - Meb Faber Research - Stock Market and Investing Blog
When’s the last time you made 100X on an investment? Not 100% on your initial investment, 100 times your initial investment. That means you sink $10,000 into an investment and pull out a cool $1,000,000…for many investors this could be a life-changing outcome. That’s a 100X return, and in the investment community, we refer to […]
Facebook X WhatsApp Linkedin Email Print When’s the last time you made 100X on an investment? Not 100% on your initial investment, 100 times your initial investment. That means you sink $10,000 into an investment and pull out a cool $1,000,000…for many investors this could be a life-changing outcome. That’s a 100X return, and in the investment community, we refer to this rare event as a 100-bagger. Viewed in the context of average investment returns, it’s nothing but fantasy or wishful daydreaming. When I polled my Twitter followers , 94% said they’d never had a 100-bagger, and in fact, most s
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