Preview Mode Links will not work in preview mode

Listen to articles here or read at ContrarianEdge.com / To learn more about investment services, visit imausa.com

Dec 9, 2021

During his tenure, Jack Welch built GE into an earnings estimates-beating-machine. There's just one problem with that: it leads to extreme short-termism, and ultimately the misallocation of capital. Contrast this with Jeff Bezos' approach of maximizing long-term free cash flow, disregarding the current quarter. Which business do you want to invest in?

You can read this article online here: https://contrarianedge.com/welch-vs-bezos/