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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.' A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.
So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like nib holdings (A...
>>> Read more: Should You Be Adding nib holdings (ASX:NHF) To Your Watchlist Today?
So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like nib holdings (A...
>>> Read more: Should You Be Adding nib holdings (ASX:NHF) To Your Watchlist Today?
