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

Motley Fool co-founder David Gardner recently celebrated his first 100-bagger. After it was recommended on Sept. 9, 1997, for a split-adjusted $3.19 and before it reached 100-bagger status 16 years later, Amazon  (NASDAQ: AMZN  ) 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.

If you're interested in David Gardner's investing style, check out his Motley Fool Rule Breakers service.

Read/Post Comments (11) | Recommend This Article (76)

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  • Report this Comment On November 01, 2013, at 3:34 PM, prginww wrote:

    Great video and reminds me of this quote:

    "The two most powerful warriors are patience and time" ― Leo Tolstoy

  • Report this Comment On November 01, 2013, at 8:53 PM, prginww wrote:

    Congrats (and thanks) to David, the Gardner brothers, and to TMF.

    Congrats for an incredible investing milestone - and thanks for building an organization dedicated to helping us regular folks become better investors.

    Your achievements are an inspiration, and I hope all of us can likewise learn to act like long-term business owners instead of short-term traders.



    (looking for his own 100-bagger :) )

  • Report this Comment On November 02, 2013, at 2:24 PM, prginww wrote:

    I can't tell you how many times in late 90s/early 00s people told me I was a fool to hold onto my 100 shares of Apple (at $23). Turns out I was quite the Fool indeed. Congrats on the 100 bagger and thanks for years of foolish advice!

  • Report this Comment On November 02, 2013, at 3:18 PM, prginww wrote:

    I remember david recommending MIDD a while ago. That has to be closing in on 100 bagger status.

  • Report this Comment On November 02, 2013, at 3:22 PM, prginww wrote:


    "The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage."

    Warren Buffett

  • Report this Comment On November 02, 2013, at 3:46 PM, prginww wrote:

    So good to hear the heart and vision behind this service at the Fool. Thank you Tom and David!!

    Long term investing sounds good in theory but is harder to sustain when one's own money is invested.

    I'm learning more about 'buying into great business' thanks to the Motley Fool. And gaining more confidence to manage my own small investments ... expecting a multi-bagger some day down the road!


  • Report this Comment On November 03, 2013, at 4:50 PM, prginww wrote:

    I want to see the actual position in the account.

  • Report this Comment On November 13, 2013, at 4:33 PM, prginww wrote:

    Great video but did you ever for one moment want to kick yourself for not selling at close to the high and buying back in later it would have been a alot less time to reach 100 bagger status i myself held on to sndk during this time praying for it to stop bleeding but it kept falling it went from 70 a share to i think 7 a share it took 3 long years to get back but i was steady kicking myself for not bailing and buy back

    when the dust settled hey tom where can i get a fool hat i want one thanks guys

  • Report this Comment On November 15, 2013, at 12:54 AM, prginww wrote:

    Congrats Guys,

    Hopefully the 3D printing industry will be my 100 bagger.

  • Report this Comment On November 22, 2013, at 8:59 PM, prginww wrote:

    Excellent fortitude David. Congratulations!

  • Report this Comment On December 08, 2013, at 9:51 PM, prginww wrote:

    An occasional 100-bagger does not compensate for all the lost opportunity costs of sitting on innumerable dead positions for years....

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