Multibagger IPO: The Power of Holding Stocks

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Multibagger IPO: The Power of Holding Stocks

Investment guru Charlie Munger believes that the key to making money in the stock market is not in buying and selling stocks, but in patience. He advises investors to treat stocks as investments in businesses and to hold onto them for as long as possible. By doing this, investors can benefit from compounding returns on their earnings over time. This rule applies not only to regular stocks but also to IPOs. An example of the benefits of holding o…