

Ep 398. The Financial History of General Motors with Capital Allocation Author, Jacob McDonough
Jul 28, 2023
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
Introduction
00:00 • 4min
Warren Buffett's 1932 Annual Report of General Motors
03:58 • 2min
The History of General Motors
06:24 • 5min
The Role of Ford in the Automotive Industry
10:55 • 3min
The Difference Between Focus and Diversification in the Used Car Industry
13:42 • 3min
The Death of Blackberry
16:16 • 2min
GM's Acquisition of Chevrolet
18:12 • 2min
Chevrolet's Strategy for Taking Over Ford
20:04 • 2min
The DuPont Company's Income Statement
21:39 • 2min
The Scale of the Capital Cycle in the Automobile Industry
23:15 • 4min
The Importance of Return Equity in the Industrials
27:01 • 3min
The Differences Between Electric and Streaming Cars
29:58 • 2min
The Rise and Fall of the Automobile Industry
31:37 • 3min
The Great Depression and the Stock Market Bubble
34:39 • 5min
The Consequences of Lack of Internal Controls and Communication
40:02 • 3min
The Problem With Stocking Up on Inventory
42:46 • 3min
The Importance of Over-Ordering
46:01 • 4min
The History of GM's Acquisition of Fisher Body Corporation
50:05 • 3min
Henry Ford's Focus on the Lowest Cost Car
53:07 • 2min
The Importance of Car Loans in the Great Depression
54:56 • 5min
The Great Depression and GM's Profitability
01:00:07 • 3min
GM's Adaptation to the Industrial Depression
01:02:54 • 3min
The History of GM
01:06:12 • 3min
The History of Ford and the Great Depression
01:09:24 • 2min
The Decline of the Stock Market
01:11:40 • 5min
The Difficulties of the Car Business
01:17:02 • 2min
The Importance of Execution in Business
01:19:25 • 4min
The Cost of Capital Needed Early On
01:23:17 • 2min
The History of the Car Industry
01:25:22 • 5min
The Different Types of Cars
01:29:55 • 4min
How Ford Overcame the Low Cost Advantage
01:33:30 • 3min