MI199: Cloning Warren Buffett and Charlie Munger w/ Chris Franco
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Costco Is a Great Example of That and I'm Glad You Brought Up Jeff Bezos
There's a lot of opportunity for Costco but with that opportunity comes risk and in terms of opportunity for growth I would imagine at least some sort of maturity in the US market for Costco. With Costco they have pricing power you know they have to maintain and make sure that they give their customers the best deals. If they raise their membership cost at a more aggressive rate they wouldn't lose a lot of their members like Chipotle did.
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