The power of compounding & patience: 15% p.a. earnings growth = a double in 5 yrs, a triple (3-bagger) in 8, an 8-bagger in 15

It’s just math, and the power of earnings compounding off an often modest base and a reasonable valuation at onset over a long enough period of time. A company growing revenues/earnings at 10% is a double in 8 yrs, a 4-bagger in 15. A firm growing faster at 15% annually is a double in 5 yrs, an 8-bagger in 15. Any P/E multiple expansion through then, as we have seen with the PCOMP since 2009,