Multi-baggers

Poster on ADVFN writes:

Over the years I have had hundreds of investments….I take this seriously and I like long term developing value rather than high risk punts such as oil, mining etc However just for the record I have had a good number of multi baggers and they nearly always get there because of excellent management carrying out a well structured plan. Many of those management were incentivised by LTIPs and they shared the benefits of serious wealth creation. I have also had many companies that have failed to deliver due to poor management but they still took high salaries and sometimes clever disguised bonuses but certainly did not receive any benefit of share options as the price never got hit. So they did not gain big time but still looked after themselves !