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Berkshire Hathaway Inc. Message Board

  • contrarianopportunist contrarianopportunist Dec 18, 2001 6:51 PM Flag

    How does GE do it?

    Acquire and fire.
    Slashing 3000 bodies at GE capital, It will save $300 mil.

    GE is very active in the M&A dept. now. How else can you grow a base business that's several hundred billion?
    The pension surplus and reserves are running low. Need some new juice to keep it going.
    Watch the Drug cos. big M&A in that area soon.

    It's is getting tougher on growing top line due to the size of some of these companies. A $40 bill company needs to get $4bil in NEW sales to grow 10%. Big number indeed.

219,000.00-120.0000(-0.05%)Apr 29 4:00 PMEDT