There might be more meaningful personal relationships you could build with people who run the stores. Even if that walmart employs a bunch of local people, the equity's still being built by other shareholders. I think i said we could do a whole another three, four hours on discussing this. We're not going to be able to do anywhere near as good a job discuss n all that as the book does and as other forums do.
We kick off Season 11 with the incredible story of the retail “granddaddy of them all” Walmart, and its founder Sam Walton. Once you study Walmart, you realize just how deep its heritage runs through Amazon and so many iconic modern companies we cover on Acquired. This episode was an absolute blast, and we even uncovered a new addendum to the hallowed “focus on what makes your beer taste better” playbook theme!
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Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.