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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 can act like a sponge for capital - so investors should be cautious that they're not throwing good money after bad.
If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you ma...
>>> Read more: Here's Why West African Resources (ASX:WAF) Has Caught The Eye Of Investors
If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you ma...
>>> Read more: Here's Why West African Resources (ASX:WAF) Has Caught The Eye Of Investors
