My firm and I have been fortunate enough to avoid the landmines others have stepped on so far (AIG, FNM, FRE, WM, CFC, BSC, LEH, MS, GS, MER) — knock on wood — but of the companies Peridot is invested in, GE is the one that I am most worried about at this point.

Hopefully GE’s disclosures will be in depth when they report Q3 earnings next month. I would put GE in the category of a company investors certainly need to keep a close eye on. It’s too early to say they are in trouble, but concern and close monitoring is certainly warranted given the scope of their financial services divisions.

And as always, thanks for all your insightful thoughts & advice!