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Recently, he had read an investment bible by the Fidelity fund manager Peter Lynch that described how to identify potential 10x bets. “Stalking the Tenbagger,” Lynch called this process.[18] The way Lynch explained things, if you liked a stock but other professional investors did not own it, this was a good sign; when the others woke up, their enth
... See moreSebastian Mallaby • The Power Law: Venture Capital and the Making of the New Future
The fund manager most likely is looking for reasons not to buy exciting stocks, so that he can offer the proper excuses if those exciting stocks happen to go up.
Peter Lynch • One Up on Wall Street
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His plan, in other words, was to buy high and sell low. It sounded like a great way to lose money, or possibly a Ponzi scheme.
Zeke Faux • Number Go Up: Inside Crypto's Wild Rise and Staggering Fall
The best place to begin looking for the tenbagger is close to home—if not in the backyard then down at the shopping mall, and especially wherever you happen to work.
Peter Lynch • One Up on Wall Street
