>It's do or die. In 20+ years. An investor in a retail company would prefer stable guaranteed returns for the next 10 years rather than lower returns for the n

>It's do or die. In 20+ years. An investor in a retail company would prefer stable guaranteed returns for the next 10 years rather than lower returns for the next 10 years with a chance of higher return afterwards. Companies are not people, they do not act like people and their rational goals are not the same as those of people. edit: And, btw, Walmart HAS invested untold billions into e-commerce. They spent $3.3 BILLION on Jet.com alone.