i wouldn't recommend anyone buy costco or any stock for that matter. i felt a lot smarter for my efforts in the subsequent years because costco had a nice run as many companies have had and what was crazy bull market well i know bircher doesn't own any costco warren buffett has not ever really gone on on the limb for costco before it's very much a charlie monger stock charlie mmonger they i mean warren buff is made fun of charlie at the meetings for his like just total absolute love for costco you know it goes beyond love it he talks about it like he talks about like the greatest thing ever so i think people
IN THIS EPISODE, YOU’LL LEARN:
02:00 - What led Chris into being so passionate about studying Warren Buffett and Charlie Munger.
08:45 - Why Chris chooses to allocate most of his portfolio to index funds.
17:18 - Why Chris typically avoids investing in more mature companies.
23:20 - How Warren Buffett’s definition of risk differs from that of the academics.
29:14 - What makes Costco such a great business.
36:21 - The opportunities for growth that Costco will be pursuing.
55:22 - How Warren Buffett and Charlie Munger’s investment strategies differ.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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