
Ep 398. The Financial History of General Motors with Capital Allocation Author, Jacob McDonough
Focused Compounding
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GM's Acquisition of Chevrolet
GM very quickly did merge a lot of the successful companies like I said Buick and Oldsmobile We're very popular cars in the early days. Cadillac at a very popular high-end model very the more expensive car people could buy. By 19 actually in this report which will get to in a minute. They acquire Chevrolet in this year So Billy Durant founded the company, but he got pushed out Took out a lot of debt and his position got diluted a lot through all these acquisitions.
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