If I wanted to gamble, I'd put everything on red. The smart investor chooses an index fund.
That said, future money isn't in automotive manufacturing. That's increasingly being commoditized and the industry is going to consolidate. Any manufacturer controlled by old unions will crumble under their weight because we've got a global economy. The restructuring of both Ford and GM will probably be solid. Future money is in autonomous driving, and GM has the strongest position of the 3 mentioned.
If I were a traditional automotive manufacturer, I'd have spun off separate EV and autonomous companies already to hedge against the impending manufacturing contraction.
Probably the smart money is in the Facebook of VR, whatever that is.
|