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Motley Fool Co-Founder David Gardner On His First 100-Bagger

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.

 

 

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> David owns shares of Amazon.com.