My Knack for Spotting 10-baggers
- Danial Jiwani
- Apr 12
- 1 min read
Growing up, I was always told that "it's speculative to pick multi-baggers, stock that have the potential to increase by over 100% in value." People said, "the only way to pick multi-baggers is by investing in penny stocks that happen to become the next Amazon, and that's a risky strategy."
But the reality couldn't be farther from the truth.
If you took a look at my portfolio, you'll see that it's filled with multi-baggers. My investment in Amazon, Apple, Meta, Union Pacific, and The Cheesecake Factory grew by 120%, 450%, 350%, 70%, and 120% shortly after investing in them.
People were telling me that it's risky to pick multi-baggers. They were also telling me that the only way to earn 2-3x times your investment is by investing in penny stocks that happen to acheive wild success.
But here I was proving them wrong. I was earning multi-bagger returns by investing in safe companies.
That taught me a few important lessons on investing.
First, I have a knack for spotting companies that will become multi-baggers.
Second, it's possible to earn multi-bagger returns by investing in safe companies. You don't have to invest in speculative penny stocks to earn multi-bagger returns. You can earn those huge returns by investing in safe companies like Amazon, Apple, and Meta.
Now, I don't aim to pick stocks that will merely outperform the market by 1-2%. I aim to invest in stocks that have the potential to become multi-baggers.
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