Acquired
Costco
Ben Gilbert
It is either true that this business cannot grow at more than 10% per year on average. They've had little years where they've spiked, but sort of on average. Or management just doesn't want it to, which also would be fine because there are lots of benefits to slow, steady, durable. But the company has a lot of cash on the balance sheet and regularly does dividends and buybacks.
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