Everyone loves to pick multi-bagger stocks. Though the framework to select multi-baggers is quite well-known, we hardly find investors having stocks that multiplied several times in value in their portfolio. Here are some mistakes that investors make in identifying or holding on to multi-baggers.
Fundamentals: You don’t know what you don’t know!
Investors in general have evolved and they are quite aware of the fact that they are not buying stocks, but are investing in businesses. Hence, an understanding of businesses is a must. But given the dynamic world we are living in, even sound and fundamentally strong companies can go out of business and that is what I meant with “we don’t know what we don’t know.” A company which is fundamentally