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MI192: Richer, Wiser, Happier Book Review (Mini-Episode)
Millennial Investing - The Investor’s Podcast Network
Cosco in Two Thousand Two
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Cosco was a huge beneficiary of the fly wheel effect, which was popularized by jim collins. Since they first purchased cosco in two thousand two, the company is up almost ten x since then. George sorrows publicly shorted one stock during the great financial crisis, and that was amazon. They bet 20 % of the funds assets on amazon and secured permission from their shareholders to go even beyond that limit. This chap on nixanzac was definitely one of my favorites, and i really just admire the way they invest.
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