Sam Walton: Made In America

hy is it that no one but the founding Walton family owned

Walmart all the way through Zach and I were told a story which we enjoyed enormously and might help illustrate this point in the early 1970s a large successful fund management company analyzed its portfolio and discovered that their sale of IBM 30 years earlier had been a huge error of omissi

When Kmart’s senior management first understood that Walmart was not simply a rural specialist but a competitor that had undermined their whole approach to business, they did not feel Darwin’s joy at discovery.