| Author | Message | ||
     Saarang Pilla Bewarse Username: Saarang Post Number: 750 Registered: 04-2015 Posted From: 208.54.104.33 Rating: N/A |
Generally my idea is markets over react for stupid things....GE is a massive business that is more or less steady and the stock declined by 50% in an year. They do not have any scandals or disasters looming. Nothing fundamentally changed for it to be down 50%...so there is good upside with very limited downside...they are still profitable and dont have any money crunch. Valla products ni track cheyyatam kastam so dont know their product performance too well...they are into 1000s of businesses...new CEO says they will focus only on 3 areas and sell a lot of other businesses. They are knows for producing lots of great leaders over the years...so i think they will come out fine. Generally did well with buy low sell high strategy. Buy low lo lost a few times...but i think now i got better at separating the risky ones from safe ones. Capital one...always like how Fairbanks runs the company...like the move to get out of saturated home loans business....it takes lots of guts to move out of a business that is doing ok in good times for the company...that shows they are very much forward looking...Bill Belichick type of move. |