Buffett & Munger agree with you. (paraphrasing here) Munger cited Costco as an incredibly important, effective, and efficient institution that couldn't be repla

Buffett & Munger agree with you. (paraphrasing here) Munger cited Costco as an incredibly important, effective, and efficient institution that couldn't be replaced by a non-profit or government. It has lowered the costs of essential goods while treating its workers well.