Welch vs Bezos - Ep 142

The Intellectual Investor - Een podcast door Vitaliy Katsenelson - Donderdagen

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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/  

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