The 100x was made in the dips you sold.
Why do so many people fixate on daily price swings when a stock is already in a long-term uptrend and its fundamentals keep improving every quarter and every year?
U.S. stock market history makes the cost of that habit clear. Over the past 2 decades, several major technology companies delivered more than 100x:
$NVDA: roughly 500x
$NFLX: roughly 275x
$AMZN: roughly 150–160x
$AAPL: from about $2.30 to around $325, or roughly 140x on price and about 150x with dividends reinvested
$GOOGL and $MSFT still compounded powerfully over that stretch — closer to 25–35x — but the true 100-baggers were the names people kept selling because they “looked expensive” or had dropped 30–40% that year.
If you simply trade in and out, you are likely to miss the parabolic part of the move. I don’t trade in and out because my goal is to create wealth, not to make pocket money! I keep dollar-cost averaging, and I add more when institutions are willing to offer huge discounts — usually 2 times a year — and when retail fear is at its peak!
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