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SH's avatar

Thank you, great read and extensive write up. Helped me understand Costco and I am very interested in investing in Costco. However can't justify paling these prices haha

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The Rational Walk's avatar

I’m in the same boat.

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SH's avatar

What would be a price that you might initiate a position?

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The Rational Walk's avatar

I don't really have a price target in mind.. I have avoided making intrinsic value estimates in the reports because I think that I can add more value describing the business models, presenting data and maybe it can be part of the investment process for readers and save them some time. My own portfolio is basically passive, although with a large Berkshire position as the cornerstone rather than an index.

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