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[Music] General Electric in the investing world this is a huge story right now if you follow the stock market at all which I imagine many of my viewers do you've been hearing about GE quite a bit for the past few years but particularly for the past few months I've been getting a ton of comments saying that I should talk about them I agree I should talk about them this is some significant stuff happening right now here's what I'm talking about the Dow Jones Industrial Average again anyone involved in the stock market or investing knows all about this but it's probably a little foreign to the rest of the viewers simply put it's a way to indicate how the markets doing whenever you hear someone say the market is up or the market took a hit today they're probably referring to the Dow it takes 30 stocks that are considered to be good reflections of how the market is doing sometimes you'll see it written as the Dow 30 well those 30 stocks are typically big companies that you've probably heard of Apple and coca-cola McDonald's Walmart General Electric General Electric was one of the original companies to be part of the Dow when it started in 1896 it was taken off for a few years early on but starting in 1907 it spent over a century as one of these companies until June of 2018 when it was removed it was replaced by Walgreens and the reason it was removed is because it no longer reflects how the market is doing over the past few years the markets generally been going up while GE has rapidly been going down while the rest of the economy does well GE struggles and I don't want to sound like I'm exaggerating anything they're still being traded on the stock market there's still one of the biggest companies out there but they've been taken down a notch they're still in the league just not an all-star anymore here's a graph of their stock price over the past 10 years on the left side they're at the end of 2008 the beginning of 2009 they had a really significant decline it was during the recession and virtually all the stocks were impacted but maybe even more so for GE they came really close to shutting down right there it had to do with their reliance on short-term funds but in the end it took the involvement of Warren Buffett and a hefty bailout from the government to get them through it yet here we are 10 years later and more troubles two years ago they were trading for $32 per share today as of July 23rd 2018 it's $13 back then their market value was 295 billion dollars today it's 113 billion this is meaningful stuff they've lost one hundred and eighty two billion dollars in value over a two year span they've lost more value than they currently have...