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Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story stocks' without revenue, let alone profit. And in their study titled Who Falls Prey to the Wolf of Wall Street?' Leuz et. al. found that it is 'quite common' for investors to lose money by buying into 'pump and dump' schemes.
In contrast to all that, I prefer to spend time on companies like JB Hi-Fi (ASX:JBH), which has not only revenues, but also profits. Even if the shares are ...
>>> Read more: Here's Why I Think JB Hi-Fi (ASX:JBH) Might Deserve Your Attention Today
In contrast to all that, I prefer to spend time on companies like JB Hi-Fi (ASX:JBH), which has not only revenues, but also profits. Even if the shares are ...
>>> Read more: Here's Why I Think JB Hi-Fi (ASX:JBH) Might Deserve Your Attention Today
