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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: knighttof3   😊 😞
Number: of 15058 
Subject: Re: DG on sale today
Date: 08/17/2023 11:41 PM
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All I know is that my wife heads for that section every time we go into a Walmart.

I think it's all crap, but what do I know?


First of all, count yourself lucky on having an economically-minded wife. I have no clue what that heavenly sensation could be like.

My uninformed impression is that WalMart (and Amazon) is not all crap like Temu or Wish.
US market is huge and American shoppers are pretty savvy. Prices track value for most items. However - brand names seem to want to maintain their reputation so even at retailers like WalMart, brand names are goid quality. Eg Schwinn bikes.

Exception: Gilette razors. Thanks to Harry's and other new competitors, Buffett's former pick adjusts its quality to match the price, so WalMart price overwhelms the Gilette brand if you buy the latter in the former.
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