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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.
If this kind of company isn't your style, you like companies that generate revenue, and...
>>> Read more: Here's Why We Think James Hardie Industries (ASX:JHX) Is Well Worth Watching
If this kind of company isn't your style, you like companies that generate revenue, and...
>>> Read more: Here's Why We Think James Hardie Industries (ASX:JHX) Is Well Worth Watching
