我相信你们都知道 Walmart，它大概是其中最……所以，我相信大家都知道 Walmart，它算是最强大的美国企业之一。
I'm sure you all know Walmart, probably one of the most And so, I'm sure everyone knows uh Walmart, one of the most like formidable American business.
Sam Walton 的传记《Made in America》是我最喜欢的商业书籍之一。我相信你们都读过。Walmart 在美国一直是一家了不起的企业，你知道，天天低价。我认为这显然引起了所有消费者的共鸣。
他们在美国建立起密度方面做得极其极其出色，把这种规模优势分享给他们的顾客，并且显然提供能引起顾客共鸣的便宜商品。而且长期以来它一直是一笔了不起的投资。
Sam Walton biography Made in America is one of my favorite business book. I'm sure you've all read it. Um And Walmart has been an amazing business in America, you know, everyday low price.
Um I think that resonates obviously with all the consumers. Uh they've done incredibly incredibly well building, you know, like density across the US, sharing that scale with um their customers and offering obviously um you know, cheap item that resonates with uh with customers. And it's been an amazing investment over time.