“Reading about what makes the Costco business model work” It’s nice to go into a store where toothpaste and laundry detergent isn’t on lockdown.

Weird a business can be so successful without crying about lacking American talents to do the jobs.

Charlie Munger said of Costco, “Who knew it was so profitable getting rich people to think they’re saving money”

I prefer to shop at places where employees are treated well.

Everyone here is relearning the concept of efficiency wages

My favorite Costco related content: minesafetydisclosures.com/bl…

My opinion is Costco's supply charge (annual fee) should be banned in Australia. This is because it prevents accurate market information from reaching customers by making the actual cost of items harder to determine. Properly functioning low info cost markets are useful.

carrying a more limited selection actually allows me to keep track of the regular stuff and the stuff on rotation. More predictable shopping experience as well