GE’s stock peaked at $60 in 2000 and currently trades at 10%-15% of that value 20 years later. This is a study in the “tell me where I’m going to die so I never go there” category. As an investor who has pretty strictly tried to focus on “quality” companies, I wanted to learn how a business with seemingly pretty competitively advantaged industrial businesses managed to destroy so much shareholder wealth, so that I can avoid situations like it in the future.
What Happened at GE?
What Happened at GE?
What Happened at GE?
GE’s stock peaked at $60 in 2000 and currently trades at 10%-15% of that value 20 years later. This is a study in the “tell me where I’m going to die so I never go there” category. As an investor who has pretty strictly tried to focus on “quality” companies, I wanted to learn how a business with seemingly pretty competitively advantaged industrial businesses managed to destroy so much shareholder wealth, so that I can avoid situations like it in the future.