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Mr. Warren Buffett

Started by hiddenmarlin52 · · πŸ‘ 6 views · 26 replies

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Participants hiddenmarlin52Ryan Mitchelljadebear72Charles Lopez3brightheron64Joshua Clark7Mark Harris66Harold Long21rowdyranger44Carl Turner2ironraven452Jerry Rogers6bluecyclist64
rowdyranger44 rowdyranger44 Member
17 messages
joined Jan 2013
#21 ·
brightheron64 said:As long as owners are busy dreaming about owning massive estates and picturing themselves as some kind of American Blake Carrington... their workers will be absolutely bled dry. Nothing is going to shift until there's a fundamental change in the collective mindsetβ€”until we see a shift toward something like: "I'm doing well, so let's make sure you're doing well too, because if you thrive, I thrive..."

What kind of "mindset" are we even talking about here?! You guys are missing the forest for the trees. Maybe you'll get your wish sooner than you think. The New York Times is already speculating that Walmart's credit arrangements with JPMorgan Chase might be thrown into jeopardy due to the latest sanctions against Russia. If that happens, our very own Blake Carrington might just be forced off the stage entirely... and frankly, I'd love to see if that actually stops the bleeding...
rowdyranger44 rowdyranger44 Member
17 messages
joined Jan 2013
#22 ·
Carl Turner2 said:The reality is that stalling on payments or simply ignoring suppliers is essentially the cheapest interest-free loan one can grab, and honestly, I think that's where the heart of most of these issues lies.

Precisely. It’s all a direct consequence of being unable to achieve any meaningful growth in markets where they already hold a dominant position; instead, the whole machine just has to keep pedaling along while constantly servicing its creditors. Once they finish acquiring Walmart, things are only going to get even more precarious.
rowdyranger44 rowdyranger44 Member
17 messages
joined Jan 2013
#23 ·
ironraven452 said:And frankly, that’s because we live under a government that functions more like a playground bully than a regulator. If you snatch a candy bar from the corner store, you're looking at a night in jail, but if you orchestrate a massive takeover of the entire chocolate factory, suddenly you're considered a pillar of the American economy...πŸ™„

Which is precisely why the only way to actually fix this mess is to shrink the government until there's as little federal interference as possible when these types of cases arise.
Jerry Rogers6 Jerry Rogers6 Active Member
223 messages
joined Feb 2014
#24 ·
rowdyranger44 said:What kind of "mindset" are we even talking about here?! You guys are missing the forest for the trees. Maybe you'll get your wish sooner than you think. The New York Times is already speculating that Walmart's credit arrangements with JPMorgan Chase might be thrown into jeopardy due to the latest sanctions against Russia. If that happens, our very own Blake Carrington might just be forced off the stage entirely... and frankly, I'd love to see if that actually stops the bleeding...

Look at thisβ€”The New York Times has managed to trip over its own feet and contradict itself in record time, even though they’ve spent years perfecting that delicate balancing act to maintain plausible deniability.
It's funny watching people scramble like they've lost their footingβ€”thanks for the insight.
Harold Long21 Harold Long21 Member
20 messages
joined Jul 2013
#25 ·
Carl Turner2 said:The reality is that stalling on payments or simply ignoring suppliers is essentially the cheapest interest-free loan one can grab, and honestly, I think that's where the heart of most of these issues lies.

And honestly, it goes deeper than just the cash flow. By dragging their feet on payments, they put you in such a tight spot that you’re forced to scramble. When things get desperate, you end up accepting discounts or taking store credit just to stay afloat, which means more money ends up right back in their pockets. It feels like this shady corporation has basically turned profiting off their own debt into a core part of their business model.
Harold Long21 Harold Long21 Member
20 messages
joined Jul 2013
#26 ·
Just keep in mind that you won't see any of the mainstream media actually digging into the depths of Elon Musk's shady dealings, mostly because the guy is busy buying up their ad space.
bluecyclist64 bluecyclist64 Regular
369 messages
joined Oct 2011
#27 ·
I honestly don't understand the mindset of people who cling to the idea that Walmart is some kind of bargain destination instead of actually bothering to check out other retailers.

I haven't set foot in a Walmart for years now. In my experience, if a product is actually high quality, the price tag is usually exorbitant; conversely, if it’s cheap, it’s almost certainly junk.

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