Small Is Beautiful – The End of the General Electric Conglomerate Confirms the New Era on Wall Street

The time is now for pure players, specialists in their field.

Image: Ingram Pinn

The last great conglomerate will die. General Electric, GE, whose origins go back to Thomas Edison in 1878, is going to disappear by splitting into three: health, energy, and aviation will go their separate ways. For many investors on Wall Street, this is no longer the time for conglomerates that combine unrelated activities. The probl…