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For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to investors, even if it completely lacks a track record of revenue and 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 contrast to all that, I prefer to spend time on companies like Steadfast Group (ASX:SDF), ...
>>> Read more: Does Steadfast Group (ASX:SDF) Deserve A Spot On Your Watchlist?
In contrast to all that, I prefer to spend time on companies like Steadfast Group (ASX:SDF), ...
>>> Read more: Does Steadfast Group (ASX:SDF) Deserve A Spot On Your Watchlist?
