I mean look at cph and so on.. lossing a lot more money but their managements are worth following is how I see it.
I got a friend who is a fund manager and we talk about this and that. He tells me that everything is so over valued atm so people are always looking for businesses that are starting to generate revenue. Most businesses start with losses but as long as there is a path forward, people will invest.
We should remember this term: "great management can turn an ok project/business into winners" but "crap managements can screw up the best project/business"
Thats why I think having Paul Rosen on is a good thing but he is an non exec so he isnt in the day to day running.
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