Title | : | The Decline of General Electric...What Happened? |
Lasting | : | 11.01 |
Date of publication | : | |
Views | : | 920 rb |
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my theory is the market became less rational people didnt want safe old institutional investments, they wanted speculative investments they wanted tesla and other companies they all could pile their money into look what it led to, the covid bubble look where GE is now, better than ever because eventually people got tired of gambling on the underdogs and hype and wanted to put their money back into a historicallysound and safe investment and now GE is up nearly ten-fold Comment from : Seth C |
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pretty wild that you'd be up almost 10x since the time of this video, as of late 2023 surprisingly they didnt peak during the covid bubble, it's only been since mid 2022 they've really picked up and recently hit a peak of $114 within the past few months while most other stocks peaked during covid and are only recently seeing any upward momentum after seeing massive falls meanwhile walgreens has tanked by over 75 on a consistent downward glide ever since taking GE's place on the DOW in 2018 and has become the DOW's worst performer even throughout the covid bubble walgreens never went above the price it had been when first listed on the DOW which is kind of crazy because thats the place i went for my covid shots, and like the first time ive visited the place more than twice within 6 months, probably ever Comment from : Seth C |
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Such bullocks, they did not decline at all Comment from : MsheArt2 |
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Should have bought the stock! Comment from : Aubrey Smith |
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All Stores Please lower the price of all Military and Local for all brands of Electric Bill Products and Accessories Production Now Thats too much $$ The Whole World Now Pray Comment from : Deanna Spencer Spencer |
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They are a huge staple in railroading Comment from : The one who is to interested in crossing signals |
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GE sells their brand/logo to many 3rd parties, as most products carrying the GE logo, aren’t made by GE Comment from : David Hollfelder |
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You left a looooot out Gotta give this one a thumbs down Comment from : Disaster_Voice_nz |
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This video came out on the day I turned 18 Here’s to hoping Company Man still releases videos by 2029-which will be the next time my birthday falls on a Wednesday Comment from : Juan Cerda-duran |
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GE AND NBC Comment from : Edgame T |
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Does anyone think AI will give a new perspective to investing over the next 20 years? Comment from : Si Si |
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Long lasting energy efficient products (lightbulbs and such) reduce overall long term sales It's simplistic, but it does explain stuff Comment from : john crapper |
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Should have started at end of WW2 and told the GE story chronologically Comment from : Dan Kierson |
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Thomas Edison did not invent the light bulb He made it better Comment from : Howie Isaacks |
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GE their quality has gone down their microwaves now are junk not what they used to be Comment from : Crazy Cat |
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Dude their doing just fine Comment from : Jack Mason |
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GE's valuation was closely tied to the shennanigans of GE capitalbrif you scratch the surface of it, GE was in full ENRON fraud territory Revenues were booked using accouting smoke and mirrorsbrThe government kept GE going For "reasons" Same reasons why Rolls Royce or Ariane still exist Comment from : ricardo kowalski |
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Too Big, Too Greedy, Too lost They might get it together since they're downsizing Comment from : Vete ALV |
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"i wanna pool to swim inbrfancy suits to dress inbrsome stock in GM and GE"brbob seger UMC (Upper Middle Class) Comment from : tuseroni |
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According to google the stock price was over $100 in july of 2018 What am I missing? Comment from : Kyle Taylor |
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Here's a little known fact about GE LIGHTING THE OSRAM SYLVANIA PLANT IN STMARYS MADE LIGHT BULBS FOR GENERAL ELECTRIC Comment from : MIKE CHIESA |
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I'll be happy to see GE crash and burn, as they ruined the best job I ever had, RCA Labs back in the mid 80's Comment from : Robert Casey |
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They should've put jack Donaghy in charge! Comment from : Steelsheen11b |
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It's a well known fact that Thomas Edison was a greedy patent thief and sabateur of a businessman Charles Westinghouse is the true father of invention, and a kind employer Ask Nicola Tesla ,he would tell you straight up, and I think he would know having worked for both men Comment from : Vids by Chazzle |
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I'm going to be Debbie Downer Thomas Edison did not invent the light bulb the light bulb had already existed before Thomas Edison what he created was a commercially viable light bulb that would last long enough so that it would be sold to Consumers the light bulb had existed some well before Thomas Edison came along it was called Arch lighting and I believe the patent idea of a vacuum tube light bulb was patented in the mid 1800s but no one could create a light bulb that would last more than a couple of hours before the filament burnt up Thomas Edison and his relentless tireless Doggett on wavering testing was able to find the proper material for the filament that would last a significant length of time thus making a commercially viable light bulb but he did not invent the light bulb by the way his original vacuum sealed filament light bulb there's one still burning in a New York City Fire Station over 100 years later so take a suck at that next time your light bulb Burns Out Comment from : Nathan bond |
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Ge was like Searsmost of their stuff was sold outleaving just the bones Comment from : Mak The Turd? |
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I WANNA TAHAB C V V V V VV VB V Comment from : Lordkey51 |
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Idk I used to go to the GE campus in Schenectady, NY almost every day and it seemed that there was a lot of people sitting around doing absolutely nothing I think they have too many people to pay and not enough work Comment from : R 0 |
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But they bring good things to life! Comment from : Jr Helios |
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Curious to see what he saysbrbrCause I know for a fact GE is still fairly big in the commercial/industrial electrical equipment/gear market Comment from : 410_Redline street-team |
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How long it will last this Ge company Comment from : Shudziine Adziigu |
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I am an admirer of classic GE locomotives! Comment from : MJ Rodriguez |
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@CompanyManbrbrI'd like to see a video about the Decline of RCAthat would be gold Comment from : EffenD |
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I have a GE clock cassette radio made in '82 I wish it still made these things Comment from : |
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They used to make vacuum cleaners but they stopped Comment from : The Tripod |
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This is simple; jack welch implemented a program to eliminate the lowest performing 10 of employees every year Think about this, if a manager hires smart and has an exceptional team he/she is left with the task of dismantling rather than building a team I’ve met with GE employees in their turbine group, power distribution and medical and every one of them was looking for other employment feeling like the axe can fall at any time Welch was a total BS artist arrogant f$#k nugget Comment from : M Ray |
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I think they’re biggest issue is the logo If you see it, it reminds you of a grandma That might be good for old people but for younger folks it just doesn’t look modern And that is the first impression Comment from : af2828 |
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Not moving with the world Comment from : Adipose Rex |
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GE built the Pressurized Water Reactors for most Nuclear Power Plants Fukushima put a big scar on that Comment from : Rich Miller |
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My stove made a cameo in this video lol Comment from : Jason Allen |
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GE Appliances is still GE Haier is the parent company GE still headquartered in Kentucky and made around the US Comment from : Daniel Brown |
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I was sure Bob Nordeli would have made an appearance as he drove GE and Home Depot into the ground sry if I miss spelled his name Comment from : Nicholas Jackson |
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It's a nitpick, I know, but Edison didn't invent the lightbulb He did greatly improve it and make it mass marketable though Comment from : Shiboline MRess |
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10X your investment in 3 years, damn Comment from : Sir Daddy Two Rolls |
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Jack Welch retired & GE made that IDIOT JEFF Immelt as CEObrHe tried to undo almost everything Jack Welch did to make GE so successful 🤭🤣🙄 Comment from : LurkerDood |
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As someone who has an interest in lighting its upsetting to me that they are not going to be manufacturing light bulbs Comment from : Quasar_1992™ |
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Genital Electric Comment from : Count Vronsky |
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7:07 misleading title The guy who made this video don't know what happenedbrbrI saved everyone's time Comment from : sbtopjosh |
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Hey I just tossed a GE fridge and dishwasher, absolutely garbage They were barely 5 years old, and had nothing but problems Comment from : Michael Wolfinger |
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GE Healthcare has been a mess for a long time They have a history of buying other companies that developed leading edge software, only to stop developing it When GE had the'GE, Imagination at Work' slogan, in Healthcare, it was quickly re-worded 'GE, Imagine if it worked' They are still a leader in X-Ray and MRI equipment, but not the number 1 or 2 Comment from : OXR1200 |
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It’s 2021, three years after General Electric was removed from the Dow Now they recently (like yesterday) announced they’re splitting into 3 separate companies Each company focuses on one of GE’s most profitable segments This is big news in the business world Can you make another video covering GE about this situation (like you did with Toys R Us)? Comment from : JellyCook |
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Stonk market Comment from : Hughs garbage trucks |
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Egg Comment from : Egg |
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Your voice is better to listen to compared to Cold Fusion Comment from : kpath74 |
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Lots of 3rd party manufacturers “pay” for the GE logo/brand (the majority consumer products GE branded) … Comment from : Justin Case |
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General electric can go fuck themselves they polluted the Hudson river now turtles have stumped limbs and one eye and I'm probably gonna get cancer wonderful childhood ☢️☣️⚠️ Comment from : Nightcore69 |
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Sadly the GE parent company sheinhardt wigs has been also going through the wringer Hopefully Jack Donaghy will bring the company back to the top Comment from : Kyle Mussman |
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Jack Welsh should be in jail What a horrible manager Comment from : James Piroli |
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Did you know that the NBC chime is actually the chords G-E-C, for General Electric Company? Comment from : Erik Meyer |
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thomas edison did not invent the light bulb doing your research through wikipedia? Comment from : Rocky Rauterkus |
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Ge Comment from : Shaolin Tex Chris Lightning aka tox |
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I would like to say that their LED light bulbs is dope Comment from : YungMetro Gaming |
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Edison didn't invent the light bulb, why is that lie still being pushed? He patented an existing light bulb look it up Columbus discovered American too😔 Comment from : Brittany Ohlson |
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Its now not a buy but you should have Comment from : R3liK |
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I installed what I thought were GE appliances in a timeshare in Las Vegas a few weeks before the lockdown last year, imagine my surprise to find out this stuff is actually made in Sweden buy a company called 'Electrolux' and has been since September of 2014 😧 ! Comment from : Kevin B the Man in the van ! |
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GE cares about corporate not employees Comment from : Rodney Lennox |
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Might not hold a candle to on the topic, but back in the 50s there was an active GE plant in my town, Goldsboro NC It wasn't a huge part of the process, but they helped make components and wires It was shut down in 2010 and now it just sits at the edge of town as a white husk of what it once was Comment from : readmyusernamecauseitssoreallylongandimwastingtime |
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they had a attraction in Walt’s Epcot with a song by the Sherman brothers!! Comment from : Bella Parkes |
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They overwork their fucking workers ! 🗣 (didn’t hear that from me tho) Comment from : dalise_ |
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2 years later, and they're still killing it in the jet engine arena lol Comment from : David Kingsley |
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It baffles me that americans still hold Thomas Edison in any kind of high regard Comment from : Samir Saker |
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I was an employee for GE in 2007-08-09, GE stop investing in their development and started outsource every engineering to the point that most of their products a "supplier product badged GE" Electrodomestics were most a mexican MABE rebadged GE, their electrical power distribution was a Mexican Prolec + Danfoss + Cuttler Hammer Lighting business was outsourced to a chinese At 2008 their largest business was housing and banking and 2008 happened I believe their CEO wanted to emulate the car industry a bunch of suppliers providing the parts and the OEM just putting them together but you cant do that when you are buying to the ones you compete with Comment from : Eduardo Gonzalez |
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If you try to put a CEO born in the 40s, 50s or 60s against competitors in the 70s and 80s, you will be behind in innovation and creative ideas Comment from : Lifedouble |
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GE air conditioners suck! I will NEVER purchase any of their garbage again! Comment from : portercbl |
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News flash + it is 7/16/2021 and GE is not doing any better Comment from : m Bak |
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Any plans on doing AMD? Comment from : ArrowPWIRT |
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GEs biggest problem is fear The workers and managers are afraid to report their problems to the next level up in case they lose their jobs With this basic mood of fear and fear of failure the dishonesty has set in Everyone is in hiding They’ll keep on hiding and lying and hoping it will somehow work out until the bitter end It’s a shame I clearly remember when it was a place of honesty and optimism Comment from : Martin Stent |
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I love their fridge and can’t understand their idduess snd hood the company rill find s way zo cone bCk strong as it used to be Angela from Italy🇮🇹 Comment from : angelusa73 |
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I never knew the name of the company, I always thought it was a fancy H and not a ge, took me 21 years but I’m learning Comment from : Henry The Frog |
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They failing because killing animals for a promo isn't allowed anymore Comment from : Moinul Alam |
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your not covering all the problem, the problem started in the early 1980's with the reagan tax revolution that allowed all these merger and acquisitions which provided no extra value but just a money game that is good on paper but does nothing for the company and the nation We can begin with Jack Welch who started and concentrated on short term profit thinking and left the company heading for disaster On the other hand you covered why Amazon is successful Amazon concentrated on marked share and market leadership something GE used to do before Jack Welch took over A lot of the companies you cover, GE, Kodak and so on also played money games but never re-invested in the company Comment from : Enrique mino |
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Update please Comment from : World Tsunami |
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You should do a video of the decline of GM because me as a Pontiac owner everyone says how terrible Pontiac was and I don’t think that’s exactly true I think GM just fell short altogether Comment from : Vacland9859 |
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Go look at the graph for GE starting from when this video was released 2 things I seen worth mentioning just glancing at it First is the price isn’t up too much since this video was posted The second is for several months after that his video was posted the price declined consistently Comment from : Jay ThatGuyYouKnow |
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Thomas Edison did not invent the lightbulb Nikola Tesla did Comment from : Potato Garden |
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todas la fabricas pero todas estan para cerrar quien comprara la ultima coca cola ??brRecuerden existen mas dinero que productos interrsantes y utiles para comprar ! Por que muchos productos como un rolex para que sirbe yo prefiero una barra de pan !!brLlega un dia que no te importa la hora que es te la de un reloj barato caro !! quien quiere un ferrari nueva por solo mil dolares jajaj Comment from : Alberto Furukawa6 |
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Edison invented the modern lightbulb/filament but they had already existed for a while Comment from : NjK |
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If ge can become a leader in renewable energy, they can get back on top Renewables are new tech and fossil fuels are the old guard Environmental concerns aside, renewables are probably going to be the wave of the future Comment from : yougosquishnow |
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It all boils down to bad management, bad decisions, and golden parachutes by all the executives for decades Comment from : Tom PF |
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Jack Welch happened!!! Comment from : Mike Howard |
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Bailouts are a waste of taxpayers money Comment from : PianoMan 2018 |
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Company man should do one on the the decline of Westinghouse which use to be their biggest competitor and had such a big impact on the world today just like GE Comment from : Andrew Richard |
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Welsh brought up GE Capital and that went to shit in the big recession I can't believe you didn't talk about the losses at GE Capital Immelt is a scapegoat I am stupid but I know people that work for the company and they blame the genius Welsh Pathetic Comment from : jhrvta |
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They bought alstom That was what happened Just when everybody going carbon neutral Comment from : Syed Putra |
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