In 2010 a newspaper interviewed a money manager who claimed


Question: In 2010, a newspaper interviewed a money manager who claimed the mantle of a fundamental investor. He laid out his investment philosophy: He "seeks companies that are likely to generate strong cash flows yet are priced very cheaply." "Cash is king," he says so he is investing in Intel, Microsoft, Macys, DuPont, Xerox, and Radio Shack, firms with significant amounts of cash. Critique his approach.

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Finance Basics: In 2010 a newspaper interviewed a money manager who claimed
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