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Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story stocks' without revenue, let alone 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 Breville Group (ASX:BRG), which has not only revenues, but ...
>>> Read more: Does Breville Group (ASX:BRG) Deserve A Spot On Your Watchlist?
In contrast to all that, I prefer to spend time on companies like Breville Group (ASX:BRG), which has not only revenues, but ...
>>> Read more: Does Breville Group (ASX:BRG) Deserve A Spot On Your Watchlist?