AFI News: Do Australian Foundation Investment's (ASX:AFI) Earnings Warrant Your Attention? - 24th Jan 2023, 1:51pm

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The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. Loss making companies can act like a sponge for capital - so investors should be cautious that they're not throwing good mone...

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