Acquired
Costco
Ben Gilbert
Awesome. Well, to start, I want to say a huge thank you to Alex Morris, who writes the investment substack, The Science of Hitting. He has two pieces that were just excellently written, analyzing Costco's financials. And he was also very kind, David. I spent a lot of his Sunday, last Sunday, emailing him and asking clarifying questions. And he shared a bunch of data with me. It was super helpful.
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