Neither Warren Buffett nor India’s top investor Rakesh Jhunjhunwala knows the exact formula to spot a multibagger.
One of the Mumbai-based market veteran in his recent interview said successful investors face many failures in their life. However, only few stocks create wealth for them. He highlighted that his list of failures is bigger than any other investor. There is no fixed formula to get a multibagger.
Considering the statement, you can only follow the way or formula of successful investors. If your luck too remain in favour than your stock can be turned into a multibagger.
Many experts believe that time spend in the market is important than timing the market. Therefore, patience with good quality stocks is the key to get multibagger return.
In short, only God knows whether your next pick will be 100 bagger or not. Happy imvesting. Stay invested. Stay Safe.
Note: Only liar can give you a guarantee to give a multibagger return.
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