Well you have to respect buffett. I do not doubt what he is saying. WHS has embraced their on online sales activity, and have tuned it to a fine art. I have always bought online at Torpedo7. Also I have made most of my recent purchases at Whs online. Perhaps their strategy of leasing premises, may just fall into place over the next ten years, as they close down unprofitable physical shops. Still I am not a long term holder, but I still believe the Sp has been oversold at less than 2.15.