Jack Davis for Western Journalism reports, Investor Warren Buffett has sold off 89 percent of his shares of Walmart as the giant retailer fights Amazon for a share of the e-commerce market. Buffett’s Berkshire Hathaway announced Tuesday that it had sold off $900 million of Walmart stock as it invested elsewhere.
Warren Edward Buffett is an American investor, business magnate, and philanthropist. He is considered by some to be one of the most successful investors in the world.
Wal-Mart Stores, Inc. (/ˈwɔːlmɑːrt/), doing business as Walmart, is an American multinational retailing corporation that operates as a chain of hypermarkets, discount department stores, and grocery stores. … The company operates under the name Walmart in the United States and Canada.
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