Reviving “The Milkman Model” for the Grocery Business “Costco is the latest retailer to see dips in its stock on the news that Amazon’s buying Whole Foods for $13.7 billion.” –Fortune.com [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other...Read More
Vertiginous Stocks “Dear Jack: Don’t buy a single vote more than is necessary. I’ll be damned if I’m going to pay for a landslide.” —JFK quoting a made-up telegram from his father, Joseph Kennedy, after he first won election to Congress. Here’s a thought: overdoing the stimulus — and rocketing stocks higher — can backfire, blunting (or worse)...Read More
