TQI's Asymmetric Stock Idea For March 2024
Are you looking for a 100-bagger stock idea? Here you go...
Introduction
Welcome to the 12th edition of TQI's Asymmetric Ideas series, wherein we strive to find investments that can produce 50-100%+ returns in 1-3 years with limited risk. Since launching this exclusive monthly series in April 2023, our first 11 asymmetric risk/return ideas have generated ~26% return on average as of writing on 17th March 2024.
Jeff Bezos (Amazon's Founder & Chairman) once quipped -
Given a 10% chance of a 100 times payoff, you should take that bet every time
And in that spirit, I would like to introduce you to our next asymmetric stock pick (one where I see a reasonable path to 100x) -