Love Costco Stock? These 3 Companies Are Creating Shareholder Value by Copying Some of Its Best Traits.
Costco(COST) The Motley Fool·2024-03-31 06:44
Many investors absolutely love Costco Wholesale (COST 0.07%) stock. But the late, great Charlie Munger might have been the most head-over-heels for this warehouse-style retail chain. Shortly before he passed away, he did an interview with the Acquired podcast and explained some of the desirable traits of Costco's business model.Munger, Warren Buffett's right-hand man, talked about how it delivers exceptional value to its customers, who in turn deliver exceptional loyalty.For the unaware, Costco keeps prices ...