Heres another Munger quote, "People calculate too much and think too little." So to people who say ill sell when it hits a 100 bagger. You need to look at the fundamentals, not the price.
Cool quote, Talib. Thank you. Charlie is a genius. What about Luckin Coffee? Do you think that company is going to be a 100 bagger in let's say about 7-10 years?
Hardly no one does not like your post! One more reason to invest. Thanks for an engaging production. I thought to subscribe before getting past the first three minutes!
This is also the hallmark of capitalist thought: enforced destruction. All industries have to be harshly eliminated. New markets have to be forcibly claimed, and old markets have to be re-exploited. Destroy the past, remake the future.
Interact and Learn from 250+ of the best microcap investors on the planet microcapclub.com/join-now/
Amazing book. Easy to understand. Bought it
First thing i'm going to do after watch this video: to buy a coffee can.
$fcel was a 100 bagger from late 2019 to about 2021 or so
In hindsight every multi bagger was visible. This is lie those Good to great kind book.
Monster Beverage went 8000x lol
13:49 Munger quote
17:20 Checklist ✍
20:15 When to sell
Then $SPI came around and did 40x in 1 day and Gamestop did 100x in 4 months 2021 lol.
Heres another Munger quote, "People calculate too much and think too little." So to people who say ill sell when it hits a 100 bagger. You need to look at the fundamentals, not the price.
Cool quote, Talib. Thank you. Charlie is a genius. What about Luckin Coffee? Do you think that company is going to be a 100 bagger in let's say about 7-10 years?
I think what he means is don’t get obsessed with the numbers and actually use objective reasoning to predict where the business will be in 10 years.
Rico Nowack F
I just posted my own 100 bagger video if anyone wants to watch more.
Hardly no one does not like your post! One more reason to invest. Thanks for an engaging production. I thought to subscribe before getting past the first three minutes!
The last 4 years have added a ton of names I'd guess.
thanks
Great concise presentation with very valuable content. Thanks a lot.
Everything mention here sounds simple but difficult to live by. Truly a good book for all ages.
This was a amazing thanks a lot... what simple ideas but obviously not easy to do...
Apple 🍎 is 2 trillion dollars company now.
isn't a 100x bagger over the 50 years he mentioned a ~9% CAGR?
Yes 9.64%
This is also the hallmark of capitalist thought: enforced destruction. All industries have to be harshly eliminated. New markets have to be forcibly claimed, and old markets have to be re-exploited. Destroy the past, remake the future.
Do you know the Magazine Luiz (MGLU3) case?