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10 bagger: London Stock Exchange
Thousands of investors put their money in the stock markets each day in hope of backing the next big winner – but one of the best investments would have actually been the stock market exchange operator.
Shares in London Stock Exchange (LSE) have increased 10-fold since 2003. The dividend is also up by the same amount.
‘What an amazing increase in value for a business founded over two centuries ago!’ says Nick Train, who holds shares in the exchange via his CF Linsdell Train UK Equity Fund (GB00B18B9X76).