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The Equity Baggers
By The Bedokian Portfolio  •  August 29, 2026

Coined by legendary fund manager Peter Lynch in his 1989 book One Up on Wall Street, "bagger" is a term borrowed from baseball, where the number of bases reached by a runner measures the success of a play. Applied to investing, it describes share counters that have increased by a multiple of the original buy price. Thus, a two-bagger means the price has doubled, while a five-bagger indicates an increase of five times the purchase price.

 

 

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For this post, I will share three counters in our portfolios that have reached at least a two-bagger status, based on the average buy price against the current price as of market close on 28 Aug 2026. For USD counters, the average entry price is based on the current forex rate of USD/SGD 1.00/1.27. It is worth noting that the following counters were not bought in

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By The Bedokian Portfolio
My first encounter with the financial markets started in the aftermath of the 2008/2009 Global Financial Crisis. Before this, I had no notion of what investment and trading were, although I had learned about economics, business management and accounting back in my university studies. I was a trader when I first started, albeit an amateurish one, and trading was just a side hobby of mine ...
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