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Somewhere I read a quote from some cranky business analyst complaining about how the low prices, quality products and high wages impact profits. "It's better to
by seanc 4y ago
Somewhere I read a quote from some cranky business analyst complaining about how the low prices, quality products and high wages impact profits. "It's better to be a Costco customer or Costco employee than it is to be a Costco shareholder."
To which I responded "That sounds like a well run company!"
- beachtaxidriver 4y agoIf you look at COST it was pretty darn good to be a shareholder too. Somehow they made that work out where all three of them won.
- iancmceachern 4y agoAnd a company that will stand the test of time, because as Warren Buffet says, it's providing value.