And this is why I`m thinking of selling BBY for a loss and buying more Walmart, valuation is one thing but competitive advantage is another.Reading and discussion is invaluable to try and pick the few quality long term investment opportunities with moats, similarly the debate on IBM and moats is fascinating. I have some tech in MSFT and INTC but had not considered IBM. (I heard Berkshire had purchased INTC last quarter which is an interesting note.)
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