RE:Understand it firstThis is true. The same reason we shouldn't be, and many arent, buying a $0.07 wellness stock that has no cash to survive and no reputable products, as well zero regard for shareholders.
whisky11 wrote: ...Bottom line is Buffett has long purchased stocks of companies he understands. It’s a wise course of action for you as well. If you don’t understand what that $2 biotech stock you just bought really does, why are you buying it?...