Sharing......."Like a puppy chasing its tail, some new investors...

Sharing.......

"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 the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses.

In contrast to all that, I prefer to spend time on companies likePPK Group(ASXPK), which has not only revenues, but also profits. While profit is not necessarily a social good, it's easy to admire a business that can consistently produce it. Loss-making companies are always racing against time to reach financial sustainability, but time is often a friend of the profitable company, especially if it is growing."

Full article:


https://finance.yahoo.com/news/ran-stock-scan-earnings-growth-182808515.html

		I Ran A Stock Scan For Earnings Growth And PPK Group (ASXPK) Passed With Ease 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. finance.yahoo.com