Word: waltonã
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...late Sam Walton, founder of Wal-Mart, who if alive today would be the richest man in the world. His fortune, now divided among his heirs, totals about $100 billion, or almost double that of Bill Gates. Admittedly, Gates has given away billions in recent years, but Walton??€™s accomplishment is nevertheless staggering...
...Walton??€™s fortune starts to make a little more sense, then, as you begin to understand the scope of Wal-Mart’s achievement. It manages its suppliers and its customers better than any company in America, and it knows more about its products and its prices too, allowing it to undersell all its competitors. It invests in technology but only buys the software and hardware that will improve productivity, preferring to let other companies jump on faddish technology bandwagons. Case in point: Wal-Mart waited longer than just about every retailer in the country to launch...
Given that as a backdrop, Walton??€™s hopes for an NCAA berth may sound like a captain’s blind exuberance, but that’s not the case...
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