alt Hacker NewsI think it's crazy that Walmart is worth 1T. It's grocery chain operating in limited number of contries. Shouldn't be worth much more than for example, Carrefour.
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WarmWash • yesterday at 6:49 PM
A lot of non-tech non-AI companies have seen outsized gains this year as people use them for AI hedging.
ks2048 • yesterday at 7:43 PM
I think about what it would take for a small group of smart people to do what they do. Walmart? Seems hard. Meta? I could see that.
I know that’s oversimplifying and probably naive, but huge physical operations seem like more of a moat.
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Walmart is huge compared to Carrefour. They're the world's largest employer, and their yearly net profit is $22 billion compared to $300 million.