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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.' A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up.
In contrast to all that, many investors prefer to focus on companies like QBE I...
>>> Read more: With EPS Growth And More, QBE Insurance Group (ASX:QBE) Makes An Interesting Case
In contrast to all that, many investors prefer to focus on companies like QBE I...
>>> Read more: With EPS Growth And More, QBE Insurance Group (ASX:QBE) Makes An Interesting Case
