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Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. 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.
If this kind of company isn't your style, you like companies that generate revenue, and e...
>>> Read more: Here's Why We Think Cochlear (ASX:COH) Might Deserve Your Attention Today
If this kind of company isn't your style, you like companies that generate revenue, and e...
>>> Read more: Here's Why We Think Cochlear (ASX:COH) Might Deserve Your Attention Today
