re: GE reset
I would say that 2019 and 2020 are reset years. They have 25 billion in debt that matures in 2019 and 2020. There's a deal in the books to sell GE's Biopharma group for at least 20 billion, so that evens the balance sheets up a bit. I'm sure there's more that they are doing to steer GE into a more profitable structure, but I'm short on details there.
Opening oneself to large rewards or failures defines risk and distributing the risk reduces the chance of catastrophe, so, I say, if you like the reward of having found that 10 bagger, invest in several companies like GE that have something disruptive for the future. GE, BB, ATI, CLNE, and WPRT come to mind right now. GE's aerospace, BB's software, ATI's energy saving titanium processing and special metals offerings, CLNE's net zero natural gas, and WPRT's natural gas diesel engine technology.
I'm still not invested in GE because I'm not sure this is the time to invest in them. I am invested in the other companies listed.
