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Stocks B / Berkshire Hathaway


Subject:  Re: Bags? Bagger? Date:  5/10/2013  12:09 PM
Author:  ResidentMike Number:  201608 of 256768

Lynch used it because of the baseball reference where a "double" is a 2-bagger. I'd personally use it as a multiple of the original price. So a 10 bagger goes from $10 to $100, rather than always having to subtract the original price. I don't think there is a "1 bagger" and a 0 bagger means you're out.

Then again I don't think I use the term "bagger" except for a 10 bagger, let alone put in the decimal points.
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