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413- Deal or No Deal?
InvestED: The Rule #1 Investing Podcast
The Costco Brands That Got Close to Bankruptcy
The company had to write down or better billions dollars when their account started to realize that these brands are not as valuable as they thought they were. The CEO leaving very abruptly and the CFO leaving is a huge red flag for me. I don't know if it's worth the time to dig into all of these different brands and figure out why they're adding so much debt. That's another big red flag. And now that they've lost their management team, how do you know that these numbers aren't going to go right back where they were? So my concern that this may not be a long term growther here, right?"
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