Chapter 1426: Diversity

Eagle sauce likes to tout the American dream, but in William White's view, the so-called American dream, you have a dream if you succeed, and if you fail, you can only dream.
Although there are many doubts about William White's business model, it is really hard to say anything because of success after time.
Of course, it is indispensable to carry the essence anywhere. Back at the company, William White, who was in a good mood, immediately lost his joy when he saw the briefing brought by the assistant.
There are so-called popular rights and wrongs. Now William White is like WiFi. It is an individual who wants to rub it. If it were to talk about his lace news, he would not care about it. The so-called lice are not itchy and the debts are not worrying. Now that the identity of the scumbag has been destined, you can just say it casually. It is strange to say that the harder the darkness, the more women intend to climb into his bed.
Howard Hughes is second, this sentence has been said badly. Or, there are many people who are looking forward to it. It would be nice if this guy was like Howard Hughes. In this way, we can divide his industry naturally.
"Lisa, what's the matter with this Jack Welch? Who is this to lead the rhythm recently? Why am I second to Jack Welch.
Don't they know that, except for their age, Howard Hughes and Jack Welch's achievements are not as good as mine. "
"Yes, you are the best. Those guys are just jealous. Boss, they have been very good these days."
William White is a bit speechless, but my buddy has been losing money recently. Nima, it's not a hand sanitizer, it will come out when you press it. As you get older, the production cycle will become longer. This is still the case of no overdraft. If the overdraft is severe, the three to five months cannot be made up.
Nima, when I see my sister, I feel sick, so how can my buddies go out?
"It's working hours now, so what, this matter must be taken seriously, I said, your boss has been hacked into this way, why are you still so careless.
Do this again next time, be careful I punish you. "
The little assistant rolled his eyes, curled up and twisted her waist and left.
Uh, William White was speechless. He seems to remember that what this girl likes most is being punished, you say that, but he intends to reward others.
Shaking his head, shielding those untimely pictures. The little assistant is fierce and brainless, he is not William White. Obviously, except for his subordinate media, almost all financial media are comparing General Electric with him.
Diversification has been talked about for so many years, and there have been so many companies trying it out, but the truly successful diversified companies seem to be only the White series and GM.
Or no one knows that William White is actually opposed to diversity. Oh my god, if he really admired Jack Welch, he wouldn't have so many companies now. A White Group can handle everything.
Apart from other things, TV production and distribution are separated from NBC, so what kind of do you talk about diversification. A TV station is going to be dismantled. If you put all the industries together, are you planning to make the Ministry of Justice dead?
"Um, are you planning to leave?" When the assistant came back again, he had more information in his hand. Obviously, this is deliberately mad at himself.
"Yes, boss, since the news came out, GM's stock price has been fluctuating up and down. These briefings are given to you every day."
William White smiled bitterly. If in ancient times, he would need to read more words than any diligent emperor. But, his dream is to become a faint king!
"Diversity? Are these people stupid?" Buffett, who was also clutching a newspaper, was a bit funny. Of course, he thought Jack Welch was an outstanding CEO. If you are fortunate enough to become a shareholder of General Electric, then you can indeed get very high returns during the two decades of serving as CEO.
It has a market value of 600 billion US dollars and a profit of over 10 billion a year. You want to say that he is not great, but the facts are in front of you, and there is no way to deny it.
Charlie Munger shook his head and sighed, "Well, it's not that they don't understand, but Franklin is covering their eyes."
Um, Buffett is very surprised. In order to avoid interference from off-site news, the old guy seldom cares about irrelevant news. Therefore, he naturally won't know. Recently, William White is either on the headline or on his way to the headline. .
Of course, Charlie Munger doesn't want to talk about this topic, because the left and right are just games and tumults between the chaebols. If you want to take the lead, it is so easy there, whether between countries or between consortia, the relationship between the boss and the second and third will not be the best.
"One is the boss, and the other is a professional manager. The difference here is really too big. There are actually many problems with General Electric. Give me my opinion. Jack is planning to retire in a rush.
In fact, 20 CEOs may not be suitable for a company. "
In Charlie Munger's words, Buffett recognized. Professional managers focus on profits and stock prices. Generally speaking, in addition to the expensive basic salary, they all have a gambling agreement with the board.
You have completed the target plan. There is nothing to say. Equity incentives are aimed at this situation. Of course, if you fail to complete the agreement, even if you will not be fired, you will not be given any options.
Do you really think Jack Welch likes acquisitions so much?
Every acquisition will involve turbulence, layoffs, outsourcing, and do everything possible to reduce costs. Speaking of this, William White did learn a lot.
What? Actually imitating, you are too out of style.
What do you want, one-third of the CEOs of Fortune 500 companies come from GM. In William White's view, the market value of 600 billion is not worth boasting, and there will be many one trillion in the future. It’s not uncommon for a profit of tens of billions of dollars. You’re already at sixty times the P/E ratio. If you can’t maintain rapid growth, why can shareholders give you such a high P/E ratio
Being able to be said to be the number one CEO and no one opposes it is actually the cultivation of talents. Helping companies around the world train CEOs, this thing is hard to say.
Remember, it's the whole world. This fellow taught Lean Production and Six Sigma in Japan, and also helped train a lot of managers in Datu Country. Seriously speaking, this is indeed an open and proud company.
Unfortunately, under the impetus of the system, anyone who intends to take over GM will be a disaster waiting for him.
William White can shrink the front and accept a certain degree of loss. So he doesn't care, you hand it over to him, the first thing you need to do is to sell.
The manufacturing industry in the United States is over. Even if Peanuts does not engage in the de-industrialization, there is no hope for the manufacturing industry in the United States. No matter how you outsource and reduce costs, the decline in demand is always an indisputable fact.
So, in the face of this situation, the more diversified, the more difficult it will be to deal with it. If you can't decisively cut your position, you will have no reason to die.
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