Quote:
Originally Posted by 8cd03gro
Sounds like some analysts with supported opinions. They're not necessarily right, but their concerns are totally legitimate and GM stock is down 5% since IPO and the past two CEO's have known nothing about cars. . . Big Ed even said he didn't know cars. That's the single biggest reason I didn't buy a big chunk of the IPO in Nov.
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Ah, the voice of reason.
"I don't know anything about cars. A business is a business, and I think I can learn about cars. I'm not that old, and I think the business principles are the same." -Ed Whitacre
I work in a successful Failure Analysis lab. My boss is a very bright, experienced guy with a Masters Degree in Electrical Engineering. But if you put him in charge of running a failing restaurant chain, I'd bet that the restaurant chain would not be turned around on his watch.