crankyinvestor

GE Looks Very Attractive Here

GE looked very attractive at 28 too.

GE Finally Joins Victims of Financial Crisis

so now Buffet has a seat at the GS and GE tables; and all because he had the foresight to keep some dry powder and avoid leverage. sort of reminds you of Warren Buffet of the 90s; and Warren Buffet of the 80s; etc.

Is It Time To Sell NBCU?

Media companies, like most others that were bought and sold, were priced as a function of earnings and cash flows, but with multiples that rose and fell based on the availability of credit.
GE's not going to get the 14 times earnings or 10 x cash flow that it could have when money was loose and life was easy. Selling NBCU in a time of tight credit makes no more sense than selling your home when prices are in a slump.
NBCU is a core asset of GE; it provides balance to the portfolio and has as much upside potential as any of the other divisions. A sale at distress price makes no sense whatsoever.

First Time in Thirty Years - GE Won't Raise Dividend

Thanks to Jeff Inmelt and his marginal performance over the past 5 years, I'll be using a walker and living on crackers and cat food by the time I can retire.