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Only GE could understand how its businesses made money, and investors should simply be happy with the results. “We’re a very complex, diverse company that no one from the outside looking in can reasonably be expected to understand in complete detail,” he said. “Our story to the investing world is, we have a lot of diverse businesses, and when you put them all together they produce consistent, reliable earnings growth.”
Lights Out: Pride, Delusion, and the Fall of General Electric
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