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All-In [40088]
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Joined: 10/28/15
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If I’d bought one stock in Walmart the last time ga one the National Championship,
Nov 20, 2018, 4:39 PM
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I’d be a trillionaire right now. And I’d probably join iptay.
Message was edited by: lovingit®
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Legend [15862]
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Re: If I’d bought one stock in Walmart the last time ga one the National Championship,
Nov 20, 2018, 4:47 PM
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I use to have several hundred shares because I worked for Walmart in the early 80’s. Sam would give every employee a certain amount of stock with your paycheck plus you could be stock through the company at 15% discount. In the 80’s many Walmart managers retired as millionaires with their stock , pension and other Walmart benefits. Use to be a great place to work and a great place to shop.
I sold mine when I got married to buy a house in 88. I wish I still had my Walmart stock too.
Sam knew how to treat his employees aka associates.
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All-In [40088]
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Yeah my sone recently read a book/did a project on him.
Nov 20, 2018, 5:24 PM
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We live in Arkansas so obviously a lot of Walmart love around here. I love the way he started the business. And, those managers/workers I guarantee cared how Walmart did. Now, they all just want to get off work and go home. I think giving that stock option was an important reason why they were so successful at first.
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All-TigerNet [10427]
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Joined: 11/23/03
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You had $2.2B to invest in Walmart in 1980?
Nov 20, 2018, 4:51 PM
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yeah, yeah... this is why nobody likes me and I don't have any points.
1980: 0.20 (adjusted for splits)
2018: 94
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Heisman Winner [139823]
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I enjoy your posts.***
Nov 20, 2018, 5:25 PM
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All-TigerNet [10427]
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Re: I enjoy your posts.
Nov 20, 2018, 5:36 PM
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All-In [40088]
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I checked your math. It was close, but you forgot to carry
Nov 20, 2018, 5:25 PM
[ in reply to You had $2.2B to invest in Walmart in 1980? ] |
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a 2. And when we're talking splits and exponentials, that ends up making a HUUUUGE difference!
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All-TigerNet [10427]
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Re: I checked your math. It was close, but you forgot to carry
Nov 20, 2018, 5:33 PM
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Yeah, I got a little sloppy after looking up the historical quotes. A hundred million here and a hundred million there eventually adds up to some real money.
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All-In [27348]
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Re: If I’d bought one stock in Walmart the last time ga one the National Championship,
Nov 20, 2018, 5:36 PM
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I'd settle for a few shares of Berkshire-Hathaway. You can join IPTAY for sixty bucks .... And be a real part of this great successful athletic dept! Scholarships win championships
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