Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. 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 the age of tech-stock blue-sky investing, my choice may seem old fashioned; I still prefer profitable companies like $OVERSEA-CHINESE BANKING CORP(O39.SI)$ . Even if the shares are fully valued today, most capitalists would recognize its profits as the demonstration of steady value generation. In comparison, loss making companies act like a sponge for capital - but unlike such a sponge they do not always produce something when squeezed. How Fast Is Ove