General Electric: Genuine Risk of Collapse? [View article]
Time to bring out the "whacking stick"
Current management has created zero shareholder value and run the financial arm of the company into the ditch. The rest of the businesses are actually worth something and over the long-term will grow the company in meaningful ways. Cut the fat & this beast will begin a revival that sells what the world needs for industrial innovation.
I likely have my fill of GE for now being down quite a bit and still having a heavy weighting, but DEO is one stock that looks appealing at this valuation over the long-term. An emerging middle class in developing nations sure makes one thing that they like alcohol as much as we do!
Does Warren Buffett Think Goldman Is More Creditworthy Than GE? [View article]
He's making yet another purchase where his MoS is established and downside risk minimal. Who else could demand a 10% yield and get it with few questions asked. GE's not going to zero and Buffett is using his deep pocket and investing smarts to get a deal for Berkshire that not many could hope to replicate.
An impressive move on his part, but GE ends up with the short end of an expensive financing deal.
General Electric: Genuine Risk of Collapse? [View article]
Current management has created zero shareholder value and run the financial arm of the company into the ditch. The rest of the businesses are actually worth something and over the long-term will grow the company in meaningful ways. Cut the fat & this beast will begin a revival that sells what the world needs for industrial innovation.
A Guide to Water Investing: Desalination [View article]
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Does Warren Buffett Think Goldman Is More Creditworthy Than GE? [View article]
An impressive move on his part, but GE ends up with the short end of an expensive financing deal.