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Costco is a highly successful retailer praised by investors Charlie Munger and Nick Sleep for its unconventional business model of "Scale Economics Shared". Costco passes savings from increased scale directly to customers in the form of low prices, fueling further growth. This flywheel effect has led to returns of over 100x for early investors. While analysts initially criticized Costco
- Author
- Anonymous 3NmUUDt
- Language
- EN