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Stocks B / Berkshire Hathaway


Subject:  Re: Bags? Bagger? Date:  5/10/2013  12:21 PM
Author:  mungofitch Number:  201610 of 256655

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"

This has been my understanding of this amusingly small issue.
Besides, I always figure if you've made that much money whether it's 9x or 10x shouldn't bother you unduly.

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