Mebisode – Journey to 100X | #332
The Meb Faber Show - Better Investing
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The Journey to a Hundred X Return
In the investment community, we refer to this rare event as a hundred bagger. For example, when snap went public back in 20 17, light speed venture partners saw their eight million early investment grow into about two billion dollars. Viewed in the context of average investment returns, it's nothing but fantasy or wishful day dreaming. However, while quite rare, these massive winners are within the realm of possibility for angel start up investors.
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Transcript
