The most misunderstood structural trade in markets keeps delivering, if you know where to look next.
GE didn’t quadruple by accident. It broke up and the market finally paid attention. That 400% return wasn’t about earnings or timing. It was structure. When bloated companies separate, capital flows differently. Management sharpens, incentives realign, and the market wakes up. We’ve seen this before. Again, breakups unlock value that’s been sitting dormant for years. It’s not an exception. It’s a cycle: the market keeps mispricing, and yet most investors still miss it. Everyone talks valuation. Few realize structure is what moves capital.
