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It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.
In contrast to all that, many investors prefer to focus on companies like Beacon Lighting Group (ASX:BLX), which has not only revenues, but ...
>>> Read more: Should You Be Adding Beacon Lighting Group (ASX:BLX) To Your Watchlist Today?
In contrast to all that, many investors prefer to focus on companies like Beacon Lighting Group (ASX:BLX), which has not only revenues, but ...
>>> Read more: Should You Be Adding Beacon Lighting Group (ASX:BLX) To Your Watchlist Today?
