Every so often I will mention the plight of GM as I think it has significance on many fronts.
One question that came into my mind recently was “What could have been…” In other words, if GM were to achieve results typical of (at least) a well-run, diversifying/acquisitive company since its peak (defined in an all-things considered, subjective fashion) in the late-1960s, what would it have become?
Of course, at some point antitrust issues might have presented themselves…but nonetheless it would be an interesting exercise, and one that I’m sure would be a real eye-opener.
SPX at 939.84 as this post is written