Attention, investors: Darwinism applies to Big Car too
Natural selection in the auto industry makes it a graveyard for investors. There's little reason to believe the joint venture between Israel Corp and Chery Automobile will prove any different.
Finger-wagging in hindsight is one of the least commendable qualities of financial pundits, and perhaps society in general. Stinging criticism often comes only after the fiascos. Rarely do we stumble across a commentator sounding warning bells against a failure in the making.