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Value & great businesses

100 Baggers

Christopher Mayer

The rare 100-fold winner needs a great, reinvesting business and an owner with the patience to hold through gut-wrenching drops.

Chapters

15
  1. Chapter 01Introducing 100-BaggersA 100-bagger turns a rupee into a hundred, and real ordinary stocks have actually done it.Read this chapter →
  2. Chapter 02Anybody Can Do This: True StoriesRegular people, not just pros, got rich by buying one great business and simply not selling.Read this chapter →
  3. Chapter 03The Coffee-Can PortfolioBuy great stocks, drop them in a 'coffee can', and don't touch them for ten years or more.Read this chapter →
  4. Chapter 04Studies of 100-BaggersStudy past 100-baggers and a pattern jumps out: small, growing, high-return businesses held a long time.Read this chapter →
  5. Chapter 05The 100-Baggers of the Last 50 YearsAcross fifty years the winners came from every sector but shared growth, reinvestment and long holds.Read this chapter →
  6. Chapter 06The Key to 100-BaggersThe secret is high returns on capital plus a long runway to reinvest profits at those same high returns.Read this chapter →
  7. Chapter 07Owner-Operators: Skin in the GameCompanies run by founders or managers who own a big personal stake tend to compound better.Read this chapter →
  8. Chapter 08The Outsiders: The Best CEOsThe best CEOs are master capital allocators - rational, frugal, buying back stock when it's cheap.Read this chapter →
  9. Chapter 09Secrets of an 18,000-BaggerAn extreme winner shows the recipe stacked to the max - quality, reinvestment, and decades of patience.Read this chapter →
  10. Chapter 10Kelly's Heroes: Bet BigWhen you find a rare great opportunity, concentrate - don't spread your money too thin.Read this chapter →
  11. Chapter 11Stock Buybacks: Accelerate ReturnsBuying back shares when they're cheap shrinks the count and grows each remaining owner's slice.Read this chapter →
  12. Chapter 12Keep Competitors Out (Moats)A durable moat - brand, network, low cost, switching costs - is what lets high returns last for years.Read this chapter →
  13. Chapter 13Miscellaneous Mentation on 100-BaggersA grab-bag of cautions - don't fixate on one metric, and watch for returns inflated by debt.Read this chapter →
  14. Chapter 14In Case of the Next Great DepressionEven through crashes and depressions, great businesses kept compounding - don't let macro fear scare you out.Read this chapter →
  15. Chapter 15100-Baggers Distilled: Essential PrinciplesThe whole method as a checklist - small, high-quality, high-return, owner-run businesses, held for years.Read this chapter →

This is my own plain-English understanding of the book’s ideas, in my own words with my own ₹ examples, laid out against the book’s real chapters so you can relate the two. It is not the book and reproduces none of its text - if it helps, please buy the book. Not affiliated with the author or publisher. The author is not SEBI-registered; nothing here is investment advice.