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For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it completely lacks a track record of revenue and profit. But as Warren Buffett has mused, 'If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.' When they buy such story stocks, investors are all too often the patsy.
If, on the other hand, you like companies that have revenue, and even earn profits, then you ...
>>> Read more: Here's Why We Think Medibank Private (ASX:MPL) Is Well Worth Watching
If, on the other hand, you like companies that have revenue, and even earn profits, then you ...
>>> Read more: Here's Why We Think Medibank Private (ASX:MPL) Is Well Worth Watching
