DEAR MR. BERKO: In 2008, you recommended Bank of America’s 7.25 percent convertible preferred stock at $720 a share. It yielded 10 percent, and you said it was a safe investment. We bought 30 shares for $22,000, and they’re now ...Read More »
DEAR MR. BERKO: In October, Potbelly Sandwich came public at $14 and immediately ran to $34. I think their sandwiches are fantastic (there are several locations in Minneapolis), and I think the stock could run to $200 a share, just ...Read More »
More than a dozen readers have recently asked me to explain how a business development company functions and requested recommendations. Here are your answers. DEAR READERS: Business development companies, like venture capital funds and private equity funds, give investors the ...
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