Skip to main content
Update
Non-financial boards have been closed.

Non-financial boards have been closed but will continue to be accessible in read-only form. If you're disappointed, we understand. Thank you for being an active participant in this community. We have more community features in development that we look forward to sharing soon.

Fool.com | The Motley Fool Community
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
SYF slammed after losing Walmart to Capital One. Crap! I don't think VL even hinted at this possibility. Walmart is stingy and ruthless so it might not be the end of the world but won't Amazon and others do the same eventually? I suspect they will retain all current cards and just lose forward cards but that is unclear. It's a big account at $10B.

AmericanExpress rebounded after CostCo left. Buffett thought that smart for AmEx, Charlie not so much.


Margin of Safety Seth has 9.5% of his equity port in it with 29m shares. Berkshire has 20M shares. Neither of them sold any while it hit $40. I was scaling down in anticipation that they would.

3 more value investors are in it -- to win it, I assume.

I'm selling all my FB and SHOP to scale back up here. ;)
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.