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In 2008 the consensus on Ford was negative. The consensus was wrong.

In 2008 the consensus on Ford was negative. The consensus was wrong.

Randall McAdory's avatar
Randall McAdory
Aug 01, 2022
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In 2008 the consensus on Ford was negative. The consensus was wrong.
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gray and black ford emblem
Photo by Dan Dennis on Unsplash

On December 1, 2008 I acquired Ford shares at $2.95. The primary reason for my purchase then was due to Alan Mulally. Mulally became Ford’s President and CEO in September 2006 after spending 37 years at Boeing. Any investor with an understanding of the automotive industry could have recognized how adeptly Mulally understoo…

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