Impact of GM on the market

10 07 2009

CastleInternetPhotoTiniestSeems like people are asking “what’s the market going to do with the GM news?” GM news? What GM news? So they came out of bankruptcy early. Big deal. They still went bankrupt. They are starting over as a smaller, more efficient, better run company – we hope – with lots and lots of cars sitting on lots. What’s “news” about that? This was factored in to the market months and months ago. My thoughts? Don’t worry about it. Tinker with a properly built portfolio and you’re likely to mess it up.

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