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. 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.
In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like North...
>>> Read more: Here's Why I Think Northern Star Resources (ASX:NST) Might Deserve Your Attention Today
In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like North...
>>> Read more: Here's Why I Think Northern Star Resources (ASX:NST) Might Deserve Your Attention Today
