
Ep 398. The Financial History of General Motors with Capital Allocation Author, Jacob McDonough
Focused Compounding
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The Scale of the Capital Cycle in the Automobile Industry
There were something like 2000 car companies started in the early 1900s. There's this new technology and then there's a bunch of money that chases it, right? I'm curious if any of you maybe Jeff Have any sort of idea on like the scale of that or if that was even something that was meaningful Is that more so just sort of a hot topic? Well, I mean I think Sloan talks about in the book that almost just produced like concept Spat whatever he may have called them with their specimens.
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