The Rising Influence of Rising Affluence

[DewDiligence]

Thanks, Charlie. If GE would just spinoff or divest the finance subsidiary, it would be an attractive company, IMO. (This is contrary to what I posted a couple of years ago when I said GE should keep the finance business.) GE might be an attractive company even now, but I don’t have much confidence in my ability to evaluate the risk from the finance subsidiary. If there’s a new banking and/or RE blowup at some point, GE will probably be hit harder than most of the companies I follow, and this makes me think there are better ways to play TGDT.