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Re: Prudent Capitalist post# 3939

Monday, 06/12/2017 9:27:21 PM

Monday, June 12, 2017 9:27:21 PM

Post# of 11962
Bad things: Immelt had no vision. He got into Oil and Gas at the peak of the market. He divested GE Capital and now all the banks are skyrocketing. GE just sold their division of Water. Idiotic to say the least since water and the industry of processing it will the most expensive and sought after commodity in the next 50 years the way humans are molesting our natural resources. Wars due to religion will be a thing of the past. Water will be the reason for them.

Good things: Aviation is at its peak. Additive is the next manufacturing disrupter and GE has the edge on the tech. Renewables is at record profits and its the ethical way of generating energy.

My two cents.
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