Mayer uses the analogy of investing and fish. If you drop a hook with bait and the bait moves, the fish will bite. But if the bait doesn’t move, the fish ignores it and moves on.

From 0 to 100K: How to Spot a 100-Bagger and Ride It to the

Tilman Versch: Sounds good. Before we could go into details, I want to post a disclaimer but before that, I want to ask you, you have this great bookshelf behind you. Revenue growth remains necessary to achieve 100-bagger status; it will not happen without revenue growth. A bonus is if the revenue growth filters down the income statement to earnings. Because as the growth filters down, it helps expand the P/E multiple.

If any readers would like to learn more about some of those opportunities on my radar, you can go right here for the details. Tilman Versch: After buying and hopefully having a 100-bagger, the process of selling comes in. How do you go about selling and what’s your approach to it? A low valuation multiple. You need to combine this earnings growth with a low valuation multiple that can expand. Dividend, I would say shouldn’t be a consideration. Thomas Phelps said that as well in his book. I believe he called it an expensive luxury. He said it dividend was an expensive luxury because if you saw dividends, you were kind of intentionally slowing down your own compounding of capital over time. I would say don’t worry about the dividend instead, focus on the cash flows and then how they reinvest and allocate those cashflows. Sometimes, business really is super capital light requires very little capital, and then they pay out dividends. That’s fine. And to answer your question more specifically… No. Whether it is a small metaverse we can “walk” around or one where we teleport from town to town or coordinate to coordinate, it won’t change the investment strategy.

10 things I learned from 100 Baggers by Christopher Mayer

And users also benefit from the appreciating value of their in-game assets. The GST crypto and NFTs will increase in value as more people get involved. I saw something, where I forget if it was Domino’s and Google or something. I think they went public around the same time. Tilman, you may remember, I don’t know, but Domino’s Pizza is actually outperformed. That’s so crazy. Who would have guessed that? That’s because the economics of that is so wonderful.I mentioned InterContinental Hotel before, and that’s what the business says, if you look at a 10-year history, it’s paid out quite a bit of its cash flow in dividends and special dividends because again, they don’t need the capital. It gets a business that can grow with minimal capital. It’s kind of the Holy grail. If you can find a business like that. Chris Mayer on networking and ways to find ideas According to Mayer, the management drives a company’s bus and equals great management to 100 baggers.

100 baggers? - Good Investing Chris Mayer, how to hunt 100 baggers? - Good Investing

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. My wife is retired, and I am semiretired, and we walk quite a bit. I naturally got to thinking, why not get paid for it? My wife heartily agreed. I cannot find the STEPN App, though. Just wanted your opinion on metaverse real estate. I heard that it will be more like a coordinate that takes you to a certain spot. It won’t be like walking around on the street looking at shops and buildings. Is there any truth to that? Mayer suggests investing in companies with revenue growth and expanding valuation multiples. For example, growing sales combined with growing the price to earnings multiple Mayer calls the “twin engines” of growth. The bottom line, 100 baggers are achievable; we need to look in the right places for the characteristics described in the post. They will not appear out of thin air; finding them will take time and patience.Chris Mayer: Oh, software as a service. I think those things can be great businesses. I don’t own anything in that sector right now, so I don’t know that my opinion is worth much there. Obviously, it’s a great business. It’s just always a matter for me of what’s the evaluation or how much can you pay. Advice for younger investors Tilman Versch: To give a start, I want to ask you for an introduction because you’re the first time on our channel, it’s great to have you here. I just want to ask you what’s interesting that other investors should know about you and what makes a good investment for you as a beginning question. I think the best edges are more built around soft skills, more around behavioral things. Being patient. Tilman Versch: Then maybe let me try to reframe those questions. What were positive surprises for you this year as an investor?