Ever Think Billionaire Warren Buffett Sold Out of Walmart for a Real Reason?

Warren Buffett has never struck me as someone who would do something drastic without very careful consideration. That's why the billionaire investor's recent actions on Walmart (WMT) could be quite telling.

Berkshire Hathaway's  (BRK.A) (BRK.B) head cheese sold off his entire $900 million stake in Walmart, according to a 13F filing this week. The sale left Buffett with no exposure to the dividend-paying world's largest retailer. Just think about this: Buffett decided to take that money from Walmart and allocate it toward several new positions in airlines, an industry he once detested. Further, the complete Walmart stock dump comes as the company has made early, impressive strides online under Jet.com founder Marc Lore to close the gap with Amazon (AMZN) while also enjoying decent sales trends in the U.S. Pretty interesting....375 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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