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Morgan Housel and History’s Unending Loop

Motley Fool Money

The Danger of Diversification: Lessons from Sears and General Motors

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This chapter explores the cautionary tale of companies that lose focus and fail when they diversify into new fields, using Sears and General Motors as examples. It highlights the potential future vulnerability of X (formerly known as Twitter) and its desire to become a financial app and payments processor, expressing concerns that it may lead to the downfall of the company.

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