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Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. 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 Servcorp (ASX:SRV), which has not only revenues, but also profits...
>>> Read more: I Ran A Stock Scan For Earnings Growth And Servcorp (ASX:SRV) Passed With Ease
In contrast to all that, I prefer to spend time on companies like Servcorp (ASX:SRV), which has not only revenues, but also profits...
>>> Read more: I Ran A Stock Scan For Earnings Growth And Servcorp (ASX:SRV) Passed With Ease