Behind The Idea #10: What's Going On With General Electric?
General Electric has fallen on hard times, to the point where the mere rumor that Warren Buffett could get involved has perked up the stock. What happened, and what happens next? Mike and Daniel take an article by WG Investment Research on the good, the bad, and the ugly with GE and see whether there's anything redeeming in the company's prospects or shares. Topics discussed on this episode: The backdrop of GE's situation (1:55 minute mark) Buffett's interest and the principle of coattail riding (3:00) Cove Learn more about your ad choices. Visit megaphone.fm/adchoices
