#606 Why Costco Is One of the Best Businesses in the World

Alex Morris is the man behind The Science of Hitting, a new equity research offering. Alex has an MBA and CFA, but really cut his teeth by publishing his equity research publicly for everyone to scrutinize.

You can subscribe to his equity research here: https://thescienceofhitting.substack.com/

In this conversation, we discuss the Costco story, membership model, scale efficiency, customer renewal rates, revenue per warehouse, international expansion, Amazon Prime, and the infamous hot dog story. 

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