Scale Economics Shared is a business model that creates amazing long term growth in companies that implement it well. It’s also a business model that ensures a long runway for a company, excites its customers and keeps competitors at bay. Costco used this strategy to grow a lot during the years Jim Sinegal was CEO. Check out this episode to learn about Scale Economics Shared and the Costco Story. Sources for episode:

https://microcapclub.com/2018/02/new-mental-model-investing/

http://mastersinvest.com/newblog/2020/9/16/learning-from-nicholas-sleep

https://igyfoundation.org.uk/wp-content/uploads/2021/04/Full_Collection_Nomad_Letters_.pdf

https://www.youtube.com/watch?v=f9Iv_vdO7sw&ab_channel=MyTalkShowHeroesMyTalkShowHeroes

https://en.wikipedia.org/wiki/James_Sinegal

https://www.youtube.com/watch?v=dzejHGniMTQ&ab_channel=CNBCCNBC

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This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.