Hey everyone, I made a mistake that I want to clear up before we start today's show.

And maybe mistake is a strong word, but it's possible that I cause some confusion, and

the confusion actually brought to the surface an interesting topic.

In part one of this series, which aired two weeks ago, I shared a brief history of General

Electric Stock Price and referenced it dropping to a low of $7 per share in 2018.

Well, if you pulled up the GE stock ticker today, you would see that it's trading around

$108 per share, which might lead you to conclude that the stock has made a nice comeback.

If you looked a little bit closer, you might have also noticed that in 2018, the stock

traded at a low of around $53 per share, not the $7 per share that I referenced.

Yes, I have three kids under age five, but no, I have not completely lost my mind yet.

Here's what happened. The last episode happened to be prepped for prior to

July 30th of this year. And July 30th is important because that's when GE did a one for eight

reverse stock split. The pre-split price was $12.69. And the post-split price traded just over $101. That's $8 times $12.69. And the post split price traded just over $101. That's eight times $12.69.

That's the one for eight reverse stock split. A stock split like this doesn't change anything about

the company's financial condition and doesn't change the dollar value of any GE stock and

investor owned through the split.

You as a GE investor essentially have fewer shares that are now trading at a higher price.

Every eight shares you owned were automatically combined into one share.

And this reminded me of a conversation I had a couple weeks ago with friend, client,

and an avid listener of the show, Dan M in Northern California. Hey, Dan, hope you're doing well.

Dan and I were chatting about individual stocks, specifically Berkshire Hathaway. And the price

per share came up in the conversation, to which I quickly shared that the price per share

...