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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.
In contrast to all that, many investors prefer to focus on companies like Computershare (...
>>> Read more: Do Computershare's (ASX:CPU) Earnings Warrant Your Attention?
In contrast to all that, many investors prefer to focus on companies like Computershare (...
>>> Read more: Do Computershare's (ASX:CPU) Earnings Warrant Your Attention?
