04-01-2011, 08:10 AM
(03-01-2011, 11:59 PM)Drizzt Wrote: hi yeokiwi, what is your rational of this comparison. i find it facinating that big us companies can grow to that extend. in asia there isn't alot of good cases like that.
Hi Drizzt,
There was a discussion of using yield based on purchased price or current market price. I am giving an extreme example of the yield that is based on purchased price. The yield can go to astronomical value.

I had friends that believed in holding the stock simply because the yield on purchased price was high. I thought the approach was incorrect.
Yield on purchased price is good for checking how good is your past selection. But, it should not be used as a reason for holding on to the stock.
For Asia, I suppose some of the China companies may approach that kind of growth.
Actually, it is rare to have this kind of multi-industries company around.
From wikipedia...
GE participates in a wide variety of markets including the generation, transmission and distribution of electricity (e.g. nuclear, gas and solar), lighting, industrial automation, medical imaging equipment, motors, railway locomotives, aircraft jet engines, and aviation services. It co-owns NBC Universal with Comcast. Through GE Commercial Finance, GE Consumer Finance, GE Equipment Services, and GE Insurance it offers a range of financial services as well. It has a presence in over 100 countries.
GE gauges to control a railway locomotive at a museum near Saskatoon, Canada[29]
GE has also General Imaging produces digital cameras with some decent feature at a reasonable price.[30] Even at 2010, General Imaging has released the cheapest Bridge Camera GE X5: 14MP, 15x optical zoom for only $139.00.[31]