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DewDiligence

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DewDiligence

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Re: OakesCS post# 11009

Thursday, 10/15/2015 4:09:31 PM

Thursday, October 15, 2015 4:09:31 PM

Post# of 29471
GE—The example of the drillship in the WSJ write-up may have been misguided, but the impetus for the story was not, IMO. GE would certainly have been better off if had financed only its own big-ticket industrial items (as the captive subsidiaries of such companies as CAT and DE do) rather than anything and everything, anywhere.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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