You never mentioned luck, which is a very important factor that most investors or investment writers never mention. Why am I saying this? If this is only about research, technique and skill, then the person who found a 100 bagger can easily find many more with research and skill, right?
100% And I have written about it in the past. Now Seneca defines luck as = when preparation meets opportunity. So I think there are 2 aspects to it. We need to prepare, and we need to have some luck. Thanks!
Yep, the trick of ASOS was the speed of adoption of its platform, and being able to purchase the shares at 5P after the first set back, ( the second setback, was the Buns-field fire ).
This is why I bang on about SBTX
Half the world’s population could be using a skin cream product where SBTX picks up 10% IP royalties on all sales .
To 100 bag fast ( say 7 to 10 years ) first you need to purchase the shares for a song, that’s huge , as normally you’re paying way over the odds for potential growth.
Next up , you need super fast growth,( off the scale), to attract thousands of investors all wanting a slice of the cake.
You never mentioned luck, which is a very important factor that most investors or investment writers never mention. Why am I saying this? If this is only about research, technique and skill, then the person who found a 100 bagger can easily find many more with research and skill, right?
100% And I have written about it in the past. Now Seneca defines luck as = when preparation meets opportunity. So I think there are 2 aspects to it. We need to prepare, and we need to have some luck. Thanks!
Does Jason ever sell?
Yes. He trims and eventually sells. They are not all winners like XPEL 😀
Fun and helpful story, thanks.
Thanks Joel!
WHY SBTX
Royalty payments to SBTX could hit £100M within 6 years at 99.9% clear profit.
Market cap today £40M
That’s just the tip of the five pillar SBTX growth story.
Copy and and print this
Put it in a cheap frame, and hang on shed or wall garage.
Then just wait.
No one will ever tell you to do this again in your life !!
I think out of the box producing 27% annual compound returns for last 19 years.
Good luck and never forget both stock, and market risk, hence to compensate , only buy potential 100 baggers.
26 years for a 100 bagger
So if your 18 research 3 tiny companies and put £10,000 on each and wait.
Retire aged 44 with a million, if just one comes good
Make sure each of those 3 have the foundations in place, and they are tiny market caps.
Here is the first to try SBTX uk AIM listed.
Have fun.
Yep, the trick of ASOS was the speed of adoption of its platform, and being able to purchase the shares at 5P after the first set back, ( the second setback, was the Buns-field fire ).
This is why I bang on about SBTX
Half the world’s population could be using a skin cream product where SBTX picks up 10% IP royalties on all sales .
To 100 bag fast ( say 7 to 10 years ) first you need to purchase the shares for a song, that’s huge , as normally you’re paying way over the odds for potential growth.
Next up , you need super fast growth,( off the scale), to attract thousands of investors all wanting a slice of the cake.
ASOS uk Market did 5P TO £74.00 in about 14 years.
Way over 1,000 bagger
True, but you had to get out at the right time with that one!