Wal-Mart in Trouble
Wal-Mart in Trouble After Warren Buffet Pulls out $900 Million Investment
(ANTIMEDIA) Billionaire investor Warren Buffett recently withdrew $900 million worth of shares from Wal-Mart, leading market experts to believe the behemoth retailer is in serious trouble.
This is the fourth consecutive quarter that Buffett’s investment group, Berkshire Hathaway, has reduced its holdings in Wal-Mart, and their most recent downsize leaves them with virtually no remaining shares.