Replies to post #3182 on 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.

[DewDiligence]

GE:

“It’s a good quarter. It could have been better.”

—Jeffrey Immelt (CEO) on today’s CC

That’s a far cry from the pre-2008 GE, when every quarter was impeccable. I stand by the statement in #msg-65477110.

[DewDiligence]

GE says emerging markets will contribute 50% of company-wide sales within ten years (up from 37% today), with especially large growth in Latin America and the Middle East (areas rich in natural resources):

http://www.reuters.com/article/2012/03/07/ge-idUSL2E8E71FC20120307