Pride, Delusion, and the Fall of General Electric
How could General Electric—perhaps America’s most iconic corporation—suffer such a swift and sudden fall from grace?This is the definitive history of General Electric’s epic decline, as told by the two Wall Street Journal reporters who covered its fall.Since its founding in 1892, GE has been more than just a corporation. For generations, it was job...
Apr 04, 2021Read 2 books giving 2 sides of the fall of GE: “Lights out” by Gryta/Mann and CEO Immelt’s “ Hot Seat” This is what makes equity investing, assessing mgmt quality etc. so interesting & unlike the all black, all white labels given out by young investors these days Recommend both – source