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Motley Fool Co-Founder David Gardner On His First 100-Bagger
VIDEO: Motley Fool co-founder David Gardner recently celebrated his first 100-bagger – Amazon.com, Inc. (NASDAQ:AMZN).
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You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More.
RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partner’s brokerage products, these are focused on the trading of readily releasable securities.
After it was recommended on 9 September 1997 for a split-adjusted $3.19 and before it reached 100-bagger status 16 years later, Amazon (NASDAQ: AMZN.US) shares (and shareholders) experienced a wild ride. This included becoming a 30-bagger during the tech bubble and then crashing to just a two-bagger.
Clearly, patience was rewarded.
In this interview, David sits down with his brother and co-founder Tom Gardner for a chat covering:
What attracted David to Amazon in the first place
The factors that can help us spot the next 100-bagger
