Capitalist Letters

Capitalist Letters

PayPal: A Cannibal In Making

Everything is going at the right direction for PayPal, except for the stock price.

Oguz Erkan's avatar
Oguz Erkan
Aug 10, 2025
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Multi-baggers—this is the name of the game if you want to make some worthwhile money in the market.

If you have a multi-bagger in the portfolio, it makes up for many losing positions; if you have two multi-baggers in the portfolio, you hardly lose money even if the rest of your portfolio is red.

This is how our portfolio has been outperforming the market …

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