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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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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
  • The danger of selling.

 

 

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.

> David owns shares of Amazon.com.

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