The Scuttlebutt Method of Investing

If we'd been offered a chance to go to Coca-Cola right after it was invented, we probably would have said we'd have turned to them. We don't foresee things that we haven't got a lot of evidence in on. I do not believe there's anything fundamentally wrong with the idea and if you take the fortune 500 companies, I'm sure that all 500 are not managed by the best. Warren: Costco has an enormous appeal to its constitancy. There is nothing like that in business. You're a long way home.