Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
30 Oct 2023 Acquired Charlie Munger
“Of course you do that safer, and its easier, and so forth. But I would argue at Costco, where they've done some of these things that are extreme like the hotdog, it's smart to change their ways on one item or two.”
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Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 30 Oct 2023
- Publisher
- Acquired
- Episode
- Charlie Munger
Transcript context
…Do you think that companies should try to grow at a lower rate than they're capable of in order to be more durable? Of course you do that safer, and its easier, and so forth. But I would argue at Costco, where they've done some of these things that are extreme like the hotdog, it's smart to change their ways on one item or two. It seems like there's a spectrum where on the one side there's Costco that is just not a fast-growing company, because it's very difficult to. On BYD, like you're saying, they grew like crazy! I mean, you turned--…
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