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Is the Auto Industry a Bubble?
Mudel jeis: Auto companies have been some of the worst industries to invest in. Idona whit put it from just the financial standpoint, literally, the worst companies we look at as private market investors that we get the most concerned about. The auto industry is a combination of incumbents and regulation, and just how doggedness and cars fall into that. And so once you get past the high gro a text story, you then have to deal with the auto industry nightmare.