Smash Notes
Why Buffett Will Never Buy GE, Guest Dr. Lacy Hunt
Porter dispels Wall Street rumors that Warren Buffett will come to the rescue of General electric (GE) and tells you about the time he sat next to former CEO Jack Welch at a New York City Broadway play. Nobody knew what kind of financial engineering Jack was up to in the 1990s, possibly even Welch himself. Did the GE slogan “Imagination at Work” apply to…
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