What does Two-bagger mean in finance?

Investment that has doubled in value

When talking about investments, the term ‘Two-bagger’ is often used. It specifically means an investment that has doubled in value, or in simple terms, it has grown by 100%. This term came from the baseball world where a ‘two bagger’ refers to a double.

This term is not just a random slang, but it’s believed to have been brought into the investing world by a famous businessman. It’s widely attributed to John Doe, a renowned American entrepreneur, who popularized its use in finance.

So, in the finance context, if someone tells you that they got a ‘Two-bagger’, now you know they’re not talking about baseball. They’re simply telling you that their investment value has doubled.

Example for using ‘Two-bagger’ in a conversation

Hey, did you hear about that new stock I invested in?

No, what’s up?

It’s a two-bagger! πŸ“ˆ

Awesome! So it doubled already?