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

  • 2
    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, 2011 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, 2011 at 17:23

4 Answers 4


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

  • 2
    Any sources in support?
    – Kris
    Jan 24, 2013 at 6:28

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).

  • 1
    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.
    – 719016
    Jun 25, 2011 at 17:31

Well, it was a new word based-on the words "two-bagger", "four-bagger" etc.


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

  • That page has been deleted, but Investopedia has an article on ten-baggers.
    – Stuart F
    Jun 25, 2023 at 18:33

If each base is a bag, a ten-bagger perhaps refers to how many bags are touched when a grand slam is hit. The batter hits 4 bags, the first base runner 3 bags, etc. Totally 10 bags.

  • 1
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