Tuesday, February 28, 2017

Warren Buffett Baffled by Retail

warren buffett Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Mandatory Credit: Photo by Andrew Harnik/AP/REX/Shutterstock (5813166t)Warren BuffettHillary Clinton presidential campaign, Omaha, USA - 01 Aug 2016Berkshire Hathaway Chairman and CEO Warren Buffett speaks at a rally for Democratic presidential candidate Hillary Clinton at Omaha North High Magnet School in Omaha, NebConfused by the retail business?

You’re in good company. Warren Buffett is at a loss too — an unusual state for the superstar investor who turned a New Bedford, Mass., textile company into a portfolio of firms worth more than $420 billion under the Berkshire Hathaway umbrella.. . . more

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