{"id":21648,"date":"2023-09-23T17:53:06","date_gmt":"2023-09-23T17:53:06","guid":{"rendered":"https:\/\/microloannexus.com\/investing\/ford-and-gm-have-a-hard-act-to-follow\/"},"modified":"2023-09-23T17:53:07","modified_gmt":"2023-09-23T17:53:07","slug":"ford-and-gm-have-a-hard-act-to-follow","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=21648","title":{"rendered":"Ford and GM Have a Hard Act to Follow"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"SB50416576384236334140404590224661409847570\">\n<p><strong>To the Editor:<\/strong><br \/>The article on the electric-vehicle wars highlighted the headwinds that Ford Motor and General Motors are facing, such as batteries, charging and manufacturing issues, and union troubles (\u201cWhy the UAW Strike Isn\u2019t the Biggest Problem for Ford and GM,\u201d Cover Story, Sept. 13). Most of the EV hopefuls want to skip the EV-childhood stage without facing any of the difficulties that Tesla has overcome. Elon Musk has created a product through sheer brilliance and grass-roots research, which is going to be a hard model to copy for would-be Tesla imitators. <\/p>\n<p><strong>Dinesh Rastogi<\/p>\n<p>Canonsburg, Pa.<\/strong><\/p>\n<div class=\"paywall\">\n<h2>The Cost of Cars<\/h2>\n<p><strong>To the Editor:<\/strong><br \/>The affordability of cars already is an issue for a great many people (\u201cActors, UPS, and Now the UAW: Why Unions Are Rising Up Again,\u201d Sept. 13). Body shops, albeit just one indicator, are really busy in many areas, as folks prefer to stick with what they can afford as opposed to buying new. <\/p>\n<p><strong>William L. Odea<\/p>\n<p>On Barrons.com<\/strong><\/p>\n<h2>Blackstone Is a Buy<\/h2>\n<p><strong>To the Editor: <\/strong><br \/>If you are determined to plunge ahead into private equity, then I suggest you do it with a publicly traded entity like the ones mentioned in Jack Hough\u2019s Streetwise column (\u201cHow Private Equity Stacks Up Against the Stock Market,\u201d Sept. 15). Since you will own publicly traded shares, you aren\u2019t subject to liquidity restraints that can tie up your capital for years, and you will also benefit from regular dividend payments\u2014many of which have been quite hefty. I have owned Blackstone for a long time, and it is one of the best-performing securities in my portfolio.<\/p>\n<p><strong>Mike Meehan<\/p>\n<p>Bradenton, Fla.<\/strong><\/p>\n<h2>Unqualified Investors<\/h2>\n<p><strong>To the Editor:<\/strong><br \/>The minimum requirements to be a \u201cqualified investor\u201d are laughable in terms of being wealthy enough for the risks and illiquidity of private-equity investments (\u201cPrivate Markets Are Going Mass Market. Is That a Good Thing?\u201d Up &amp; Down Wall Street, Sept. 15). It\u2019s no different than 100 years ago, when taxi drivers and shoeshine boys had margin accounts.<\/p>\n<p><strong>Larry Fellman<\/p>\n<p>On Barrons.com<\/strong><\/p>\n<h2><strong>Mercury Rising?<\/strong><\/h2>\n<p><strong>To the Editor:<\/strong><br \/><em>Barron\u2019s<\/em> recommends an investment in Mercury Systems, as it trades for only 28 times 12-month forward earnings, a discount to the prior 30-plus times (\u201cThis Highflying Defense Stock Stumbled. That\u2019s a Reason to Buy,\u201d Sept. 15). If Mercury matures, <em>Barron\u2019s<\/em> sees its price doubling in the next three years. Am I just out of touch with the times, or is my love of solidly growing single-digit multiple stocks a dream from a long-gone era? <\/p>\n<p><strong>Harvey Rosen<\/p>\n<p>Brooklyn, N.Y.<\/strong><\/p>\n<p><strong>Send letters to: <\/strong>mail@barrons.com. To be considered for publication, correspondence must bear the writer\u2019s name, address, and phone number. Letters are subject to editing.<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/ford-and-gm-have-a-hard-act-to-follow-d6417811?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>To the Editor:The article on the electric-vehicle wars highlighted the headwinds that Ford Motor and General Motors are facing, such as batteries, charging and manufacturing issues, and union troubles (\u201cWhy the UAW Strike Isn\u2019t the Biggest Problem for Ford and GM,\u201d Cover Story, Sept. 13). Most of the EV hopefuls want to skip the EV-childhood<\/p>\n","protected":false},"author":1,"featured_media":16455,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-21648","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ford and GM Have a Hard Act to Follow | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"To the Editor:The article on the electric-vehicle wars highlighted the headwinds that Ford Motor and General Motors are facing, such as batteries,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/microloannexus.com\/?p=21648\" 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