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Wal-Mart Stores Inc. Message Board

truth_and_reason 387 posts  |  Last Activity: 18 hours ago Member since: Jul 24, 2011
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  • Not that I support either group, but to my knowledge the FBI has not warned the Klan about inciting violence.

    So does not speaking out against violence mean one condones it?

    FBI warns New Black Panther leader in Ferguson inciting violence

    ST. LOUIS, MO (KTVI) – The FBI is concerned members of the New Black Panther Party are in Ferguson and advocating violence against police.

    According to an alert from the St. Louis Division of the FBI the National Chief of Staff of the New Black Panther Party is in Ferguson. Chawn Kweli and other members of the NBPP are in town to respond to the shooting of Michael Brown.

    This is part of a Facebook status posted by Kweli , “This is the hour all the greats promised. If you die, die like a warrior. I’ll see you on the ground.”

  • Apparently we have some people here that do.

    The Rev. Al Sharpton, along with his nonprofit National Action Network and two for-profit firms, have $4.7 million in outstanding debt and liens, according to federal and state tax records, the New York Post reported on Sunday.

    Among the debts include $806,875 that Sharpton owes the state, along with $2.6 million in federal liens against him for unpaid personal income taxes, the Post stated.

  • Reply to

    Tigger wants us to treat terrorist.....

    by clav850 19 hours ago
    truth_and_reason truth_and_reason 19 hours ago Flag

    And apparently he has no issue with Al Sharpton and the Black Panthers inciting violence. At least I have not seen him denounce it.

  • For starters its banking system didn’t explode back in 2008, and their corporate tax rates aren’t the highest in the free world like ours. So can you blame Warren Buffett for jumping in on the Burger King/Tim Horton’s deal and the 9% yield? I can.

    Instead of complaining about how he pays more taxes than his secretary, Buffett might want to talk about lowering taxes for businesses back home. A good place to start would be to educate the high-tax crowd in D.C. about how lower tax rates attract investors.

  • Reply to

    20 U.S. companies that paid 0% in taxes

    by truth_and_reason Aug 13, 2014 1:50 PM
    truth_and_reason truth_and_reason Aug 26, 2014 6:04 PM Flag

    Maybe the board idiot can tell us what the difference between staying here and paying no taxes, and moving abroad and paying no taxes is?

    I can hardly wait to hear this answer.

  • truth_and_reason truth_and_reason Aug 26, 2014 10:21 AM Flag

    Like I said. Adds absolutely nothing to this board.

  • The .000001% like him excluded.

    Warren Buffett has been a vocal supporter of higher tax rates for the wealthy but when push comes to shove the Oracle is all about the bottom line. As you know yesterday Burger King (BKW) shares soared when word leaked of a potential tax inversion - inspired bid for Canadian donut shop Tim Horton's (THI). Now it's being reported that the deal will be funded in part by Buffett's Berkshire Hathaway

  • In other words, "the total return is not the actual return"

    You just can't make this stuff up. You just can't.

  • truth_and_reason truth_and_reason Aug 24, 2014 11:45 AM Flag

    Then why do you continually post it?

    -Total return of the period is certainly misleading and a poor choice to reflect the actual return

    Like someone that's still saying $6.91 is 2.25% of $69.12?

    -those of you that prefer to live in a world of populated by unicorns and fairy dust with pink hued skies

    As I have shared with everyone before, my tolerance for ignorance is quite low so I'm gone for a bicycle ride with Atlantic Ocean on one side and the river on the other.

    Out.

    T&R

  • More on what Tiger thinks the "next big thing in retail is"

    The deep discounters' reliance on poor Americans, who made up 15 percent of the U.S. population in 2012, compared with 12.5 percent in 2007, has been validated by investors. From 2000 to now, as the poverty rate rose 11.3 percent to 15 percent, Family Dollar's stock price rose by about 300 percent.

    Against that backdrop, the bidding over Family Dollar, said Kurt Jetta, CEO of retail analyst Tabs Group, reflects an "acceptance that there will be a sizable and perhaps growing low-income population that makes dollar stores an ongoing opportunity."

    Not all analysts agree that dollar stores are poised for continued growth. Roger Davidson, a former grocery executive at Wal-Mart, Whole Foods Market Inc and Supervalu, said dollar stores face increasing competition from other discounters, including Walmart itself, which is opening smaller neighborhood stores.

    The poor often don't have the funds needed to buy in bulk, experts said. Nor do they necessarily have the wherewithal to travel to often remote big-box stores like Target and Walmart.

    The dollar stores play the role of "fill in" retailers, said Joan Storms, a retail analyst at Wedbush Securities. Their customers try to do most of their shopping at places like Walmart when they get paid or receive benefits, she said, but they pick up necessities and other items at the deep discount stores.

    The expiration of unemployment benefits for millions of jobless Americans and a reduction in food stamp payments last year also helped the deep discounters, analysts said. With less cash on hand to make regular "big shops" at places like Walmart, these consumers are more likely to turn to the dollar stores to buy a few items at a time to feed their families.

  • truth_and_reason truth_and_reason Aug 24, 2014 11:31 AM Flag

    Why of course I did. That's how I came up with the 38% TOTAL return you are so clueless about. Of course you could go back into your "YTD annualized" routine and try to save face, but of course the people that are smart enough to know $6.91 is not 2.25% of $69.12 will see right through your ignorance.

    - Did you bother to add in the quarterly dividends

  • truth_and_reason truth_and_reason Aug 24, 2014 11:19 AM Flag

    From what they post they ought to be ecstatic!

  • And right after that Tiger is going to go into his "Market up 40-50% this year shocking everyone" routine.

  • truth_and_reason truth_and_reason Aug 24, 2014 11:12 AM Flag

    Sounds like somewhere I want to live. And an average home price of only $1,000,000 for roughly 1,000 SF. Sign me right up!

    Magnitude 6.0 earthquake knocks out power to thousands in California

  • truth_and_reason truth_and_reason Aug 24, 2014 11:01 AM Flag

    Not surprised.

    -aka Tiger, Larry and about 40% of the posters here.

  • Glassfecalact wants to know “in one word” if 38% over 15 years is a “good return” “Is earning 38.4% over a 15 year period a good return, average return or poor return in your opinion?” “A one word answer is all we need.”
    A 65 year old man walks into glassfecalact Investment Advisors LLC after retiring from GE (Which BTW was $51.53 on 12/31/99 so it’s return is negative for the last 15 years) with a $3,000,000.000 portfolio, or enough to throw of $210,000 a year at 7%
    So, conversation goes like this:
    Glassfecalact: “In one word, Is earning 38.4% total return over a 15 year period a good return, average return or poor return for you”
    GE Retiree: Don’t you want to know my risk tolerance?
    Glassfecalact: Nope, just one word please.
    GE R: Don’t you want to know how much my retirement package pays me a year?
    Glassfecalact: Nope, just one word please.
    GE R: Don’t you want to know how much Social Security I get?
    Glassfecalact: Nope, just one word please.
    GE R: Don’t you want to know what my monthly expenses are?
    Glassfecalact: Nope, just one word please.
    GE R: Don’t you want to know if I plan on using my $3m to live off of or my pension and Social Security?
    Glassfecalact: Nope, just one word please.
    You get the picture. It’s a stupid question that depends on MANY different things for many different people. If the retiree was not planning on living off his $3m portfolio it would grow to over $4,000,000 in that time frame at 38%.
    The fact of the matter is, there are many people, institutions and countries out there that think 1-2% a year return is good. Simply look at our 10 - 30 year Treasury auctions as proof.
    As you can see asking “In ONE word, Is earning 38.4% total return over a 15 year period a good return, average return or poor return for you” is a stupid question and just proves how little glassfectalact knows about investing.

    But hey, it’s not as stupid as spldinggrey who thinks “$6.91 is 2.25% of $69.12”. Close, but not quite there.

  • truth_and_reason truth_and_reason Aug 23, 2014 11:59 AM Flag

    I sure hope Ernie and Bert can step up their games before they post again.

    Until then, out.

    Have a great weekend!

    T&R

  • Reply to

    WMT Total Return since 12/31/1999 = 38.44%

    by truth_and_reason Aug 23, 2014 11:11 AM
    truth_and_reason truth_and_reason Aug 23, 2014 11:57 AM Flag

    Yes, "FOR A STOCK PRICE THAT HAS GONE VIRTUALLY NOWHERE" What I said: "While not barn burned, no too shabby for stock that has gone virtually nowhere during that time frame."

    -You said the return was not too shabby

    IF you wish to carry on a conversation with me, PLEASE brush up on your reading comprehension and come back when you think your conversation can be an intelligent one.

    Thanks in advance,

    T&R

  • Reply to

    WMT Total Return since 12/31/1999 = 38.44%

    by truth_and_reason Aug 23, 2014 11:11 AM
    truth_and_reason truth_and_reason Aug 23, 2014 11:45 AM Flag

    Another poster that has no reading comprehension.

    What I said: "While no barn burned, no too shabby for stock that has gone virtually nowhere during that time frame." "And no, as I have said before, I don't directly own any shares of WMT"

    And what the poster with no reading skills replied: "I do not know what you expect from your investments but 38.44% in 15 years is poor performance."

  • truth_and_reason truth_and_reason Aug 23, 2014 11:41 AM Flag

    Son, stay off the drugs. "Comments", or "Quotes" are always 100% accurate. You may not agree with the content or have a differing opinion, but they are accurate. Next you're going to tell me that if I quote MLK Jr as saying "I have a dream" that it's "not accurate".

    -quotes are not always and most of the time are not accurate. They are just comments that people made

WMT
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