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DewDiligence

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DewDiligence

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Re: semi_infinite post# 23701

Wednesday, 04/27/2022 9:54:28 AM

Wednesday, April 27, 2022 9:54:28 AM

Post# of 29408

GM’s latest results [i.e. 1Q22] contained a charge of roughly $1.1 billion to compensate Cruise employees for not taking the business public. Such are the costs of trying to keep up with Silicon Valley’s stock-options game from Detroit.

https://www.wsj.com/articles/gms-tesla-pitch-flags-but-old-tech-is-doing-nicely-11651062992

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

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