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Governments just don't pick winners - companies that boast of grant wins are an auto sell

By Tom Winnifrith, The Sheriff of AIM | Saturday 26 March 2016


 


Call this one of the unwritten Tom Winnifrith golden rules but a company that boasts of grant wins from the State is in general a sell. This may be a tad unfair but the fact is that Government's are invariably the worst investors - they make your average Bulletin Board Moron look like Warren Buffett when it comes to spunking cash on losers.


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