Feels like neverending supply but its all getting taken out each...

Feels like neverending supply but its all getting taken out each day.

Everyone knows its there - so why bother chasing.

At some stage though it won't be there anymore.

Great story, completely disruptive tech that works with 1st class management. Every day we have new data building across many fronts proving up this unique mode of action that no insect has resistance to. The world is begging for a new pest killer. Its been 40 years since the last one came along.

These types of companies are worth billions at some stage down the track.

"A 10-bagger is a stock that goes up 10-times in value. It is a concept made famous by Peter Lynch, the well-known fund manager from Fidelity. For most fund managers, picking a 10-bagger is often enough to make a career. I have some good news and some bad news for you.

The good news is that 10-baggers are everywhere. Every single stock in Australia and New Zealand has a 1-in-7 chance of being a 10-bagger during its life in the next 35 years.

The bad news is, your typical fund manager is not likely to benefit from it. While this article does not discuss how to pick a 10-bagger or 100-bagger, it discusses the structural challenges facing fund managers to fully benefit from one.

And what about the mystical 100-bagger? Turning $100,000 into $10m is undoubtedly life-changing. There are a lot of them, and they are near you."

Courtesy of
WEIMIN XIE
MX Capital