And what happens when the facts change tonight im going to show you in real terms what can go right and wha what can go wrong, because i want to teach you how to learn from both my wins and my mistakes so you can replicate the wins at home but avoid the losses hallelujah these are all taken from reallife investments made with my Charitable Trust where is we document every trade in real time so we know what went through the minds of both jack moore, our Research Director, and myself contemporaneously as we tell you what we would do before we pull any trigger so often were restricted because if i mention one of the portfolio stocks on air on cnbc, the trust is frozen and cant take action. But we can tell you what the trust would have done. Sadly, because of the restrictions, the trust cant do as well as you might be able do with the bulletins from acti actionalertsplus. Com but these lessons we learn tonight they encompass the moves we could have made and did make. Ill spare you the grit
Capitalal has changed its business and cites among other things ge capitals exit of the u. S. And consumer businesses and transformation of its funding model. You might recall during the financial crisis ges finance arm almost took the company down and since that time, it has certainly changed that this or i should say last year undertaking an aggressive plan to reduce ge capital selling over half of its assets and, indeed, since that time, it sold about 166 billion or signed 166 billion worth of deal. Now keep in mind, ge is one of four nonbank companies that have been given this systemically important financial rating. Others include aig, met life and prudential and met life is involvedn a legal battle with the fed having, of course, received a favorable ruling earlier this year by a judge who said tFederal Reserve or the government could not designate it as that. That means these companies are subject to Federal Reserve reover sight and enhanced capital rerooirmts. The fsoc voted to