Fundamentals still exist for those smart and wealthy enough to be choosy in what they want. Last week I read some information concerning Warren Buffett and his purchase of an interest in Bank of America.
Evidently the shares he bought were munufactured just for him so that he could earn interest from his investment while he held on to those special securities. Buffett did not buy common stocks. Of course BOA was happy to give him anything he wanted as long as they could get a few billions that were sorely needed.
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