Ten Bagger
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| 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". | ||
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Additional Comments:
Ten bagger is an investment term coined by Peter Lynch in his book "One Up On Wall Street" (1989).
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Related Terms: | ||
Special Memorandum Account (SMA) - A holding place for available cash, a double bookkeeping entry.It increases when:A client’s portfolio ... Recapitalize To use your closed out trading profits to increase the amount of contracts, options or stocks ... Double Diagonals Double diagonals are a favorite among professional index option traders.The double diagonal capitalizes perfectly on the ... | ||
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