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Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story stocks' without revenue, let alone profit. But as Warren Buffett has mused, 'If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.' When they buy such story stocks, investors are all too often the patsy.
In contrast to all that, I prefer to spend time on companies like ALS (ASX:ALQ), which has not only revenues, but also profit...
>>> Read more: Here's Why I Think ALS (ASX:ALQ) Might Deserve Your Attention Today
In contrast to all that, I prefer to spend time on companies like ALS (ASX:ALQ), which has not only revenues, but also profit...
>>> Read more: Here's Why I Think ALS (ASX:ALQ) Might Deserve Your Attention Today
