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Published · transcript-backed

Ben Gilbert: evaluation

4 Mar 2026 Acquired Costco

“There was a Deutsche Bank analyst that said, "It is better to be an employee or a customer than a shareholder," which Costco management would say, yeah, that's literally like we've printed it.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
evaluation
Recorded
4 Mar 2026
Publisher
Acquired
Episode
Costco

Transcript context

…That's wild. It's crazy. Amazing management. All right, my last big playbook item is an old quote. There was a Deutsche Bank analyst that said, "It is better to be an employee or a customer than a shareholder," which Costco management would say, yeah, that's literally like we've printed it. It's in a PDF on our website that's called our code of ethics. Yeah, do you read our annual report?…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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