Walmart's Dominance and Warren Buffett's Investments

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The chapter delves into Walmart's financial success and dominance in the retail industry, particularly in grocery and e-commerce sales. It discusses Walmart's position amidst inflation and market penetration challenges, along with Warren Buffett's investment in the insurance company Chubb. The episode also covers major fund managers' portfolio moves, Michael Burry's investments, the arrest of MIT graduates involved in cryptocurrency fraud, and the awarding of a Michelin star to a small taco stand in Mexico.

Episode 325: Neal and Toby recap the latest Supreme Court decision to spurn an attempt to take down the Consumer Financial Protection Bureau. Then, the Dow Jones Average hits a new milestone signaling Wall Street’s unyielding confidence in the market. Plus, the United Auto Workers union continues its campaign in Alabama where it’s looking to unionize Mercedes-Benz workers. Next, TWO stocks of the week: Walmart remains king of retail and Chubb has the Buffett stamp of approval. Meanwhile, two brothers were arrested for stealing $25M in crypto at lightning fast speed. Lastly, a humble taco stand in Mexico receives a Michelin star.

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00:00 - Uber CEO interview now!

2:00 - Supreme Court rules in favor of CFPB

5:50 - Dow Jones milestone

10:00 - UAW takes on Mercedes-Benz

13:50 - Stocks of the week: Walmart and Chubb

19:20 - Crypto hackers caught

22:00 - Michelin starred taco stand

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