While others spent their weekend shopping for the upcoming Chinese New Year, I spent my weekends at the Alpha Summit event that was organized by The Fifth Person. The event was packed with mind blowing contents that are all related to stock investing, stock portfolio management and investing experiences sharing. I am proud to attend the event.

At the event, we were taught how to spot ten bagger stocks by looking at the free cash flow on equity. I also learnt that asset light businesses can scale without excessive capital which means asset light businesses can grow at a faster rate as compared to asset heavy businesses. It is also interesting to know that we cannot find 10 bagger stocks in Singapore stock market. If we want 10 bagger stocks, we have to look at the US stock market.

Victor also shared some tips for investing into growth stocks.