MI192: Richer, Wiser, Happier Book Review (Mini-Episode)
The Intrinsic Value Podcast - The Investor’s Podcast Network
00:00
Cosco in Two Thousand Two
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.
Transcript
Play full episode
