It's True... 100X Stock Returns Are Possible
"100-baggers."
You've heard this term before. It's when a stock provides a 100-fold return on an investment.
To some, the idea of a 100-bagger is laughable – an unattainable goal. But to others, it's something they're constantly striving for.
I'll admit that uncovering an investment with the potential to return 100X on your investment is challenging. But it's not impossible...
Some investors have even been able to achieve these jaw-dropping returns.
On today's episode of Making Money With Matt McCall, I talk about the logic behind a 100-bagger. And I invite Chris Mayer – the portfolio manager of the Woodlock House Family Capital fund – onto the show to help break it all down.
Chris is the perfect guest for this topic. Not only because of his professional expertise in the market, but because he's also the author of 100 Baggers: Stocks That Return 100-to-1 and How to Find Them.
If you haven't read his book, I highly suggest you take the time to do so. It's an easy read with many real-life examples. I guarantee that you'll finish the book with a bullish and optimistic view that will lead to better investing.
Chris and I dive into the 100-bagger discussion.
First, we look back at some stocks that have achieved this goal in the past 30 years. You might be surprised to learn that energy-drink maker Monster Beverage (MNST) and farming retailer Tractor Supply (TSCO) are among these big winners.
Chris also shares some investing lessons that anyone who has money in the market needs to hear. Even if you've heard or read about them before, it never hurts to get a refresher.
Then, we shift gears to talk about specific investment ideas...
Chris fills us in on some of his current holdings – and I was surprised by some of his picks. A large portion of his portfolio is concentrated overseas. And one country he's particularly bullish on right now is Sweden.
I'm not as familiar with Swedish opportunities, so Chris breaks down his optimism and lists some names he's paying close attention to.
And to top it all off, he even shares his top investment idea for the next 10 years.
If you want to be among the few investors with a 100-bagger in their pocket, I urge you to tune into the latest episode of Making Money With Matt McCall now.
Here's to the future,
Matt McCall
Editor, Daily Insight
July 6, 2023