Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
30 Oct 2023 Acquired Charlie Munger
“I would argue one of the easiest ones was when they decided on a little group around Home Depot.”
— Speaker unverified
Source trail
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
…One of the issues I think in investing right now, you mentioned it about venture capital, but I think it's true everywhere, is that there's just so much capital and so much competition. We're so far removed from the cigar bud era. We're in the opposite of the cigar bud era these days. Are there opportunities out there? Somebody will find a few things, but it gets harder and harder. I would argue one of the easiest ones was when they decided on a little group around Home Depot. They would copy the Costco model and home improvements and that was basically a good idea. Think of the money they made doing it. Yeah, Bernie Marcus.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.