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Ep 398. The Financial History of General Motors with Capital Allocation Author, Jacob McDonough

Focused Compounding

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The Difference Between Focus and Diversification in the Used Car Industry

Ford famously said any Customer can have a car painted any color that he wants so long as it is black right. GM's philosophy Sloan he had said a car for every purse and purpose is what he meant by that. Jeff: I think I'd be concerned if the only advantage is a low price It's a pretty simple advantage, you know as opposed to like a GM's advantage was pretty complex Right? So there's just a possibility that it could fall apart with a lack of scaleright.

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