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It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a mor...
>>> Read more: Do Reece's (ASX:REH) Earnings Warrant Your Attention?
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a mor...
>>> Read more: Do Reece's (ASX:REH) Earnings Warrant Your Attention?
