knowing he himself was selling out. how does this create long term shareholder wealth unless you can afford to buy amazon here. i can buy wmf in my 401k and a bunch of funds, not amazon.
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Selling out lol! Dude is worth 1/100 of what Bazos is by choice... Guy makes a dollar a year... Wow! He got 8 mill, Other CEOs make more than that for leaving a company Robb...Etc...Do the math, if Mackey wanted to sell out guy would have made some different moves..Pretty sure he is satisfied with his net worth
exactly. amazon stock as well as wfm are apart of many mutual fund portfolios. i know not everyone knows how it works, but geez...before making alarmist statements, do some damn research. you shouldnt be solely vested in any one single stock, or a handful, thats absurdly naive and careless on the market.
You can buy a fraction of a share in a 401k
"He himself" was not selling out. WFM is a publicly traded company and anyone with enough money can buy it regardless of what John Mackey wants.
Also, just buy an S&P 500 index, plenty of Amazon (and everything else) in there.