Ep 398. The Financial History of General Motors with Capital Allocation Author, Jacob McDonough
Focused Compounding
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The Difficulties of the Car Business
The difficulties obviously there's high demand which is great but high supply in terms of new entrants The successful founders You know they might not have sold that many cars, but today Buick Oldsmobile GM. Product innovation means the cap X you spend might be Worthless or obsolete and labor intensive just unions.
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