Costco, every mention

mentionsepisodesper episode tap a year for its mentions

Verbatim, from the transcripts: the passages where Costco comes up

loading…

▶ 51:56 Bill Gurley You could take the board members from Walmart and Costco and GM and, and General Electric or whatever you consider the top 10 best companies,

▶ 30:01 Rory Sutherland Actually, they do something, they do something, they look after their customers, and there is an interesting exception to this probably, which is, for example, Costco, which, um, and actually Enterprise Rent-A-Car is family-owned, isn't it? 4 times in the scene

▶ 0:22 Shane Parrish Jim Sinegal, co-founder of Costco, was even more direct when a reporter called him one day and said, gee, 3 times in the scene
▶ 22:41 Shane Parrish Jim Senegal, who built Costco into three hundred billion dollar company, and he credits every little bit of his knowledge to one teacher, Saul Price. 2 times in the scene
▶ 35:28 Shane Parrish And nearly 50 years later, Costco still sells that exact same combo for a dollar 50. 3 times in the scene
▶ 37:59 Shane Parrish Costco and Sam's Club, both born in 1983, both direct copies of Price Club were expanding like wildfire, while Price Club hesitated. 10 times in the scene
▶ 44:54 Shane Parrish Today, when you walk in any warehouse club worldwide, anywhere in the world, or you see a dollar 50 hot dog at Costco, you're walking into Saul Price's classroom. 6 times in the scene

▶ 32:54 Shane Parrish Like Costco, decades later, he bought in massive quantities and passed the savings on to customers.
▶ 46:29 Shane Parrish Costco started selling tires.

▶ 1:14:18 Indra Nooyi We used to do business with club stores like Costco and people like that. 12 times in the scene

▶ 4:46 Reed Hastings So, think of it as the Costco of skiing. 2 times in the scene

▶ 11:25 Shane Parrish This virtuous cycle, which Sam Walton and later Jim Senegal would turn into billion-dollar empires at Walmart and Costco, was tested behind a counter in Toronto a century earlier.
▶ 37:05 Shane Parrish Costco is a great example of this, which we may cover in a future episode.

▶ 14:40 Adam Carr So then you go to people like, you know, Saul Price, like he, the Price Club, I mean, the people that he laid the blueprint for from Jim Senegal with Costco to Bernie Marcus with Home Depot to Sam Walton, who's laid a bigger blueprint than… 2 times in the scene

▶ 1:17:17 Christopher Davis Um, Costco had a classified board, which meant that, you know, only a certain number of directors could be elected each year. 4 times in the scene
▶ 1:27:38 Christopher Davis And so, he put me in touch with Charlie, and Charlie said, well, I'm going to be in New York for, I think, either Costco or a Solomon meeting, and I'll have breakfast with you.
▶ 1:32:30 Christopher Davis But I'll, I'll give you one note that was also amazing, which was around Costco. 3 times in the scene
▶ 2:35:02 Christopher Davis So, if I had never done that, you know, Costco would be

▶ 55:02 Kunal Shah And it's a very unique thing about India where you come with these things that, oh, I'm going to have this, the seven 11 will charge 30 rupees and this one will charge five rupees and the Costco will charge this.

▶ 21:30 Kat Cole I say, we're about to launch X product with Costco. 3 times in the scene
▶ 27:12 Kat Cole And oh, by the way, contractually, I can't just make it disappear from Costco.

▶ 40:46 Joel Greenblatt Like if you look at Costco, for instance, very straightforward.

▶ 29:25 Sanjay Bakshi If you, if you look at a Costco, which we both know is a very admirable business model, then why is it an admirable business model? 4 times in the scene
▶ 35:03 Shane Parrish But the other thing that I think that Costco does, which is, which plays to psychology a little bit, is when I go in there and buy my ketchup, 10 times in the scene

Turn any episode into a week of clips.