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A comment on Uber cuts 3000 more jobs, closes 45 offices. Parent comment

Re:Uber cuts 3000 more jobs, closes 45 offices by 0zymandias on Monday May 18, 2020 @02:54PM (#23226852)
2800% is a much bigger number than 83%. But if you do the math using your numbers, you see that GE substantially underperformed the S&P since 1981:

GE = (1+2800%)*(1-83%) = 4.93 = 393% appreciation since 1981.

S&P = S&P has appreciated 2000% since 1981.

GE << S&P

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Re:Uber cuts 3000 more jobs, closes 45 offices by ivalm on Monday May 18, 2020 @03:16PM (#23227126)
To be fair, most companies underperform s&p 500. S&p is driven by giant winners, and every generation has different winners. In the 90s GE was the winner and other companies in s&p trailed them. This is what makes survivors like Microsoft so amazing, they managed to remain on top by reinventing themselves many times under different leaderships.
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Re:Uber cuts 3000 more jobs, closes 45 offices by erichurkman on Monday May 18, 2020 @03:00PM (#23226923)
Maybe that's why Welch said to measure against GE's future leaders if they are destined to forever underperform the S&P. :)
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