Totally agree. Many of my multibag investments have started when there was limited interest despite what looked like obvious performance and a strong outlook.
The lesson I’ve learned is that it takes a LOT LONGER for the market and other investors to catch on to the story.
The other lesson is related to the above. It’s that because sentiment takes a while to catch on you need to hold it a lot longer and not take profits at say 50%. I’ve been guilty of taking profits at 50-100% when I could have had >1000%.
Do I see 1000% here? Not yet. But I certainly see 2-3x. Looking forward to the 4C and a great 2023. I hope everyone is set.
BCC Price at posting:
22.5¢ Sentiment: None Disclosure: Held
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