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Why would a "ten bagger" refer to baseball? Where is the ten involved in it?

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What's the context? I've never heard this before. Only one-bagger, two-bagger, etc., to refer to a single and a double. –  jackgill Jun 25 '11 at 16:32
    
@jackgill: This is an investing term. Speculative investors look to increase their initial investment by a factor of 10, known then as a "ten-bagger". You hear it a lot with day traders. –  Robusto Jun 25 '11 at 17:23
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3 Answers 3

up vote 1 down vote accepted

I think "bagger" is related to farming. You harvest 10 bags of wheat from 1 bag sowed which is analogical to investing.

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Any sources in support? –  Kris Jan 24 '13 at 6:28
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The Wikipedia link given in Adel's answer is spot-on, but the additional explanation misses the mark.

Sports (and martial) metaphors are big in the business world. In baseball slang, a "two bagger" is a double and a "three bagger" is a triple. So an investment that doubles your money would be a "two bagger", and one that triples your money would be a "three bagger". By extension, an investment that returns ten times your investment would be a "ten bagger"—even though that's quite impossible in baseball (at least under the current rules).

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ok, so it came from a two bagger, three bagger and four bagger, but more than four is actually not possible in the baseball analogy. –  130490868091234 Jun 25 '11 at 17:31
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Well, it was a new word based-on the words "two-bagger", "four-bagger" etc.

http://en.wikipedia.org/wiki/Ten_bagger

Why 10? Hmm, because a ten-fold increase is impressive, and easy to say - monosyllabic. And maybe $10.00 bill is nice.

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