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We Study Billionaires - The Investor’s Podcast
Guest
Trey talks to New York Times bestselling author William Cohan about GE's history, including founder Thomas Edison, Jack Welch's controversial career & successes, Warren Buffett's investment on GE, and much more!
William Cohan's latest book, titled "Power Failure: The Rise and Fall of an American Icon," chronicles the incredible history of General Electric, which was often the largest and most esteemed company in the world over its 130-year existence.
IN THIS EPISODE YOU’LL LEARN:
0:00 - Intro
07:31 - The origin story of GE, starting with founder Thomas Edison with backing from JP Morgan.
11:19 - Why Charlie Coffin might be the best CEO of all time.
23:54 - The dark side of Jack Welch and his career at GE, as well as the many successes.
56:37 - How Jeff could have saved the company by listening to Bill Gross and Jim Grant.
59:55 The debate on whether Jack handed his successor, Jeff Immelt, a “royal flush” or an open grenade.
63:49 - Warren Buffett’s bet on the company.
63:15 - Why the company has now been deconstructed into 3 separate entities.
67:18 - The many cycles that repeated over its 130 year history.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
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SPONSORS
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Continue reading...
William Cohan's latest book, titled "Power Failure: The Rise and Fall of an American Icon," chronicles the incredible history of General Electric, which was often the largest and most esteemed company in the world over its 130-year existence.
IN THIS EPISODE YOU’LL LEARN:
0:00 - Intro
07:31 - The origin story of GE, starting with founder Thomas Edison with backing from JP Morgan.
11:19 - Why Charlie Coffin might be the best CEO of all time.
23:54 - The dark side of Jack Welch and his career at GE, as well as the many successes.
56:37 - How Jeff could have saved the company by listening to Bill Gross and Jim Grant.
59:55 The debate on whether Jack handed his successor, Jeff Immelt, a “royal flush” or an open grenade.
63:49 - Warren Buffett’s bet on the company.
63:15 - Why the company has now been deconstructed into 3 separate entities.
67:18 - The many cycles that repeated over its 130 year history.
Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
- Visit William Cohan website.
- Check out Power Failure book.
- Check out GE website.
- Trey Lockerbie's Twitter.
- William Cohan's Twitter.
NEW TO THE SHOW?
- Check out our We Study Billionaires Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
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SPONSORS
Support our free podcast by supporting our sponsors:
- River
- Toyota
- TurboTax
- Fidelity
- Meyka
- NDTCO
- Fundrise
- iFlex Stretch Studios
- Public
- NerdWallet
- American Express
- Shopify
- NetSuite
HELP US OUT!
Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Continue reading...