Wal-Mart (WMT)

[Vooch]

Bought more WMT today.

CNBC is showing the WMT movie tonight at 9PM Eastern Time.   Be sure to see it as it should be very good.

- Vooch

[Vooch]

Wal-Mart (WMT) is my largest holding.

It was disclosed yesterday that Warren Buffett increased his holdings in WMT:  http://www.gurufocus.com/news.php?id=76347

[Vooch]

I looked up the last 2 times I calculated Intrinsic Value for WMT:

4/12/09 $95.84/share

8/1/09 $117.47/share

These were my purchases across all accounts for 2009 for WMT:

8/3/09 $49.747537/share

8/5/09 $49.27/share (the big purchase)

8/6/09 $49.00/share

9/25/09 $49.725/share

Again, I think Buffett is paying less than 50 cents on the dollar (just like he did with BNI, recently).

- Vooch

[Vooch]

An interesting note is... my Intrinisc Value calculation shot up ((117.47-95.84)/95.84 =) +22.56% in a four month period and that may be one reason why I pounced on this stock in a big way.

However, I don't look at those huge gains in IV, as a reason to buy at stock.  I look at Margin of Safety (MOS).

Under all conditions, I bought WMT for less than 43% of it's Intrinsic Value this year, imo.

- Vooch