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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.' While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away.
So if this idea of high risk and high reward doesn't suit, you might be more interested...
>>> Read more: Commonwealth Bank of Australia (ASX:CBA) Ticks All The Boxes When It Comes To Earnings Growth
So if this idea of high risk and high reward doesn't suit, you might be more interested...
>>> Read more: Commonwealth Bank of Australia (ASX:CBA) Ticks All The Boxes When It Comes To Earnings Growth
