Identifying future large caps

The transformation of small companies into huge and successful ones is what a free market economy is all about. This is the heart of equity investing. Nothing makes investors happier and richer than being able to identify a small company, buy its stock, and then watch it grow and grow until it becomes a large cap that multiplies the original investment into serious wealth. Of course, there's the flip side, too. In fact, there are two flip sides. One is identifying such companies too late. If you look at the early history of multibaggers like Eicher Motors, Bajaj Finance and a handful of others, the fact that they were destined for greatness is