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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 the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like Aurizon Hol...
>>> Read more: Do Aurizon Holdings's (ASX:AZJ) Earnings Warrant Your Attention?
In the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like Aurizon Hol...
>>> Read more: Do Aurizon Holdings's (ASX:AZJ) Earnings Warrant Your Attention?
