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Jack Davis for Western Journalism reports, Investor Warren Buffett has sold off 89 percent of his shares of Walmart as the giant retailer fights Amazon for a share of the e-commerce market.
Buffett’s Berkshire Hathaway announced Tuesday that it had sold off $900 million of Walmart stock as it invested elsewhere.
Walmart should start accepting bitcoin
The business model was to farm quota cases for subsidies and donations from special interest groups, which you can usually find, publicly admitted, in the investor relations portion of the corporate website, or during inventory, when all the managers are from the same demographic.
I have won several ticker tape parades, by investing this way, and, in stable times, would just leverage the money at whichever favorable rate.