I have never been a fan of Walmart (WMT). It’s enslavement and exploitation of the most unfortunate in the world I have always found repulsive. There are also those persistent rumors that many of those “Made in China” products are actually “Made in North Korea” and sent across the border to China where the only thing China does is slap “Made in China” on them before putting them in a container bound for Walmart. It’s … Walmart to Go Out of Business SoonRead more
WMT
Posted inInvesting
Will the Last One to Leave eBay Please Turn Out the Lights?
I have bought a lot of stuff on eBay over the years. I even bought a Jeep on there and had it shipped from New Hampshire. The site used to be known as “America’s Garage Sale” but lately it has devolved into “just another shopping mall.” Heck, I’ve even bid on keyboards I thought were being sold by individuals only to find out they were from Newegg.com. My New Years resolution was to finally clean … Will the Last One to Leave eBay Please Turn Out the Lights?Read more
Posted inInvesting
McDonalds Problem is Not the Menu
There has been a lot of chatter about the financial situation at McDonalds (MCD) lately. All kind of chatter about revamping the menu, loss of market share, allowing more local store independence, etc. All of it is wrong. All of it is focused on the typical MBA thought process of “How can we change nothing and start making money again?” This process never works. It is based on the luck of some temporary downturn which … McDonalds Problem is Not the MenuRead more