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clock Created with Sketch. 02/05/19
15:16
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Originally posted by Roy2U:
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pilatus, I respect your investment decision not to invest in unprofitable companies. I used to lean very much that way myself, but kept seeing many examples of innovative companies increasing share prices by often 5x, 10x, even 100x while still not making profits. One notable example is Amazon which took until 2016 to start making regular profits. Its share price in 2015, when they had another loss was over $600, when it was only $1.50 in 1997. Then there are all of those Australian loss-makers listed today by crystalblue. All of them large multi-baggers.
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I concluded that as an investor, I should not leave all of these large gains to others
Last edited by
Zaxon :
02/05/19
