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Someone tell me please. What mean "8 bagger in 15 years?" Thank you. What is dis?
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"8 bagger in 15 years?"
-rmlk

Example: Eight Bagger in 15 years

CAGR = (End Value / Start Value) ^ (1 / No. of Years) - 1

YBD* 15.00 Price: $Change %Gain
start date: 1/28/1990 $10.00
end date: 1/28/2005 $90.00 $80.00 800.00%
CAGR 15.78%
*months 180.00
*weeks 782.68
*days 5479

*Years Between Dates


To understand more about CAGR (Compound Annual Growth Rate) see the following FAQ at the BMW Method board.

http://boards.fool.com/Message.asp?mid=23878864


Regards;

~hildy
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An "n bagger" means the stock has had an n-fold gain.

e.g. a 4-bagger means up 400%.
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