Costco Wholesale Corporation
COST
position
long
Christopher Bloomstran, Semper Augustus
Thesis
Costco is a strong business that generates over 20% returns on new store openings, making it a brilliant use of capital. The stock is rarely cheap, but the company pays special dividends when cash builds up, providing additional returns to shareholders.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the investment thesis has played out. While the fundamentals of Costco as a strong business may still hold, the lack of information on stock performance and elapsed time prevents a definitive conclusion.
Raw excerpt
No raw excerpt stored.