In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
What’s more intriguing is that Uncle Warren himself seemed to confirm such speculations with a cryptic remark to MSNBC. After calling Exxon a “wonderful company,” he said, “We thought we might have other uses for the money.”
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What is even stranger is you would have to sell almost four shares of Berkshire Hathaway’s Class B (NYSE: BRK.B)[3] stock to get enough money to buy one share of Google’s Class B stock (NASDAQ: GOOG). On March 10, 2015, one share of BRK.B was selling for $143.85, while one share of GOOG was selling for $559.44.[4]
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Operating a bank would also allow Kroger to interphase directly with apps like Apple Pay, Google Wallet and Venmo and avoid the fees charged by the financial services industry. That alone might be enough to entice Kroger into banking.
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Americans now have less economic freedom than Danes, Chileans, Canadians, Swiss, New Zealanders, Australians and even Estonians, according to the Index. In fact, the level of economic freedom in the USA is only slightly higher than that in the United Kingdom, which American conservatives love to disparage as a bastion of socialism.
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The assets are the connections to the port of Lazaro Cardenas on the Pacific and the track that connects it to Kansas City. The Kansas City Southern has a direct connection between those ports and America’s heartland.
Read MoreCostco’s same sales increased by 7% in January, and shopper traffic increased by 5.8% indicating that the retail recovery has definitely reached its warehouse. Meanwhile Sam’s Club’s sales without fuel grew by just 1.6% in the 13 weeks that ended on Jan. 30, 2015, and .5% during the year that ended on Jan. 30, 2015.
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A very dark horse contender for an eBay acquisition would be Berkshire Hathaway (NYSE: BERK.B). Uncle Warren is famously technology adverse, but eBay does meet some of his criteria: it’s a good company with a strong brand that’s well respected on Main Street but undervalued by the market. It also has a business model that generates a lot of float and cash—two of Buffett’s favorite things.
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The retail environment has changed dramatically because of the value shopper. Those investors that realize it and invest accordingly will profit.
Read MoreIf Google could analyze individual driving habits and tailor insurance quotes to them, it could offer people in states without no-fault insurance significantly lower rates and dominate the industry.
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Most investors seem to have missed a massive disruption in the world of American retail. Kroger (NYSE: KR), the venerable grocer, has successfully transformed itself into a highly effective and aggressive bulk discounter with capabilities rivaling those of Costco Wholesale (NASDAQ: COST).
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