Post #319 by FishBulb on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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“ I'll have to do a search but can anyone give a quick note on BRK buying/selling of Walmart stock? I didn't realized he ever owned it.”

I had to search myself, but it looks like brk had owned WMT for a long time before suddenly liquidating. No reason given.

What I personally remember was that WMT stock price had languished in the same range for years. Around the time of the sale, WMT bought jet.com and started building their neighborhood market stores, presumably to compete with Amazon for internet and Dollar General for smaller markets.

I think the neighborhood market idea has mostly been a bust.

Maybe Warren decided that WMT was di-worse-ifying.

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