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The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. 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 is...
>>> Read more: Here's Why We Think QBE Insurance Group (ASX:QBE) Might Deserve Your Attention Today
If this kind of company is...
>>> Read more: Here's Why We Think QBE Insurance Group (ASX:QBE) Might Deserve Your Attention Today
