We frequently see people here chasing the next 5, 10... 100 baggers without noting over what timeframe. Or I'll see people poo-poo an investment thesis because it is "not a 10 (or greater) bagger". Candidly, a lot of posts or comments I read with the term bagger referenced gives me the feeling the poster is of a short-term mindset.
The question is do folks understand what kind of compounded return they are talking about with multi-baggers?
**CAGR RELATIVE TO BAGGER**
|Years - Bagger|5 Bagger|10 Bagger|100 Bagger|
|:-|:-|:-|:-|
|30 years|5.5%|8.0%|16.6%|
|20 years|8.4%|12.2%|25.9%|
|10 years|17.5%|25.9%|58.5%|
|5 years|38.0%|58.5%|151.2%|
|3 years|71.0%|115.4%|364.2%|