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<p>[QUOTE=&quot;medoraman, post: 1352922, member: 26302&quot;]I would say that&#039;s your view Fatima. Personally I have never invested a cent in any of the companies that went bankrupt. The closest is probably my small investment right now in BAC since I believe if the economy recovers it will have outsized returns on this low base. Most of the firms that blew up are ones with opaque operations. I have never trusted them. If my simple mind cannot easily see how they generate profits on products/services sold, I refuse to buy at any price. I &quot;missed out&quot; on internet stocks in the 90&#039;s because I simply didn&#039;t understand how they would make money. Same with Enron and others. I want to see that Coke sells soda worldwide therefor makes money. Every stock I own I understand how they make money, and have placed a long term value on what I think they may be worth.</p><p><br /></p><p>I guess I understand your perspective on some recent scandals, but many have either not been firms, (Madoff, etc), or the Fed money thrust upon them. I know many share your view, and as a contrarian its music to my ears. The last time public sentiment was so negative against stocks was 1974 in my view. Look up stock performance in 1975-76.</p><p><br /></p><p>Just my opinion.[/QUOTE]</p><p><br /></p>

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