Charlie Munger and Costco: A look at why he was a big fan of the giant retailer

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Berkshire Hathaway (BRK-B, BRK-A) Vice Chairman Charlie Munger passed away on November 28 at the age of 99, leaving behind a strong legacy of leadership in the business world. Having joined the board of wholesale retailer Costco (COST) in 1997, Munger shared a close relationship with CEO Craig Jelinek, who praised Munger as a “legend."
Yahoo Finance Retail Reporter Brooke DiPalma touches upon Munger's commitment and loyalty to investing in Costco, eventually leading to the store's growth and expansion into international markets.
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Charlie was on the board of the Daily Journal as well, it had taken a large position in Ali Baba in 2022 but reduced it at one point.

HepCatJack
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A life well lived, thanks for the wit Charlie

lukodaian