You can turn this around. If you have a string of investments producing 25.9% CAGR each, no matter in what time frame, you have a "synthetic" ten bagger! In theory maybe, but the problem I have with this line of thinking is you never hear anyone apply the same logic to their losers.Although Denny won't see this (ignore button) I have yet to see him apply his ideas on CAGR to a losing investment and have likely heard him apply it when discussing winners a hundred times.So yes, a synthetic ten bagger is possible, but then a ten bagger loser is possible as well.There is no free lunch.B
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra