Not The Midas Touch

from the keep-trying-but-it-isn't-gold-it-looks-like-crap dept

Here’s an amusing article about individuals and organisations that invest in ailing companies (which usually initiates an increase in stock value) which then, of course, still flop due to a lack of business fundamentals. I think a lot of successful investors make the mistake of believing they can?t go wrong. Just make sure not to follow them down the drain, although it’s amusing for the rest of us to watch!


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