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Need I say more?

Walgreens (WAG) comments on Wal-Mart (WMT) “will put them out of business strategy” on the company conference call:

  • For the 291 drugs that Wal-Mart will sell for $4, the average co-pay at Walgreens is $5.30 and for Medicare Part D patients it’s only $3.18.
  • Wal-Mart’s program covers less than 300 generic medications while Walgreens pharmacies’ stock has about 1800 different generics.
  • Over the years, WAG’s convenience, locations, and services have proven to be bigger factors for its patients than a few dollars in price difference – the point I argued in this article

    Need I say more?

  • Vitaliy Katsenelson

    I am the CEO at Investment Management Associates, which is anything but your average investment firm. (Seriously, take a look.)

    I wrote two books on investing, which were published by John Wiley & Sons and have been translated into eight languages. (Even in Polish!)

    In a brief moment of senility, Forbes magazine called me “the new Benjamin Graham.” (They must have been impressed by the eloquence of the Polish translation.)

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