IAG News: Does Insurance Australia Group (ASX:IAG) Deserve A Spot On Your Watchlist? - 23rd Aug 2023, 8:49am

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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. Unfortunately, these high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.

In contrast to all that, many i...

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