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Ten Bagger

An investment which is worth ten times its original purchase price, and comes from baseball where "bags" or "bases" that a runner reaches are the measure of the success of a play. A "two bagger" would be a double, so by extension, two home runs and a double would be a "ten bagger".

Additional Comments:

Ten bagger is an investment term coined by Peter Lynch in his book "One Up On Wall Street" (1989).

Related Terms:

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