Said on Apr 10, 2023, at 20:57 in the video.
“I think that it will outperform the General market over the next 10 years despite its seemingly high price and high p e ratio right now”A position the speaker holds: shown, not counted in the record.
COST closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.
A position the speaker holds: shown, not counted in the record.
it's a very difficult business to be in now moving on we have news about the new Costco for Millennials and how this whole thing turned out Costco for Millennials which is box.com a company that just last week announced bankruptcy what I want to do is a bit of a postmortem here I want to compare it to what Costco actually does because as you may know I am a big investor in Costco I have the consumer category here Costco is one of my larger Holdings it's one of the nine core Holdings I consider it to be a high quality compounder I think that it will outperform the General market over the next 10 years despite its seemingly high price and high p e ratio right now the company my portfolio is a forty one thousand five hundred dollar holding and I'm in the green by five thousand seven hundred dollars and I have recently purchased more of this company as it's it's gone a little flat for a while so let's go ahead and take a look at one of the supposed threats to Costco it was a company called box.com which the sub line of it the heading of it was basically Costco for Millennials it was Costco but online and in a more modern way this is an article from Insider in 2018 so this is one box was
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Joseph Carlsona call under review
“Maybe will be the exception maybe Costco will drop 40 50% but I think that that's unlikely”
Mar 8, 2024
Joseph CarlsonCOSTwill fall
“the stock price is up like crazy over the past month so maybe we'll have a bit of a pullback I'm sure we will at some point but this is one that I'm going to hang on to”
Dec 18, 2023
Joseph CarlsonCOSTwill rise
“I think it has a great future I'm extremely bullish on Costco as a company”
Apr 14, 2023 · after 1 year
Joseph CarlsonCOSTwill rise
“I think the company will be two or three times as big in the next 20 to 30 years and I think it will give stable returns to investors over that time period”
Dec 22, 2022 · after 1 year
Joseph Carlsona call with no clear direction
“in my opinion Costco will not be the fastest growing company in the market it won't be the best performing company in the market but it will be in my opinion a market beating company over the next 20 years I think it will outperform the S&P 500 over a 20-year basis”
Sep 30, 2022
Joseph CarlsonCOST— a company event
“i have a strong expectation that since they open up the same amount of stores every single year 25 to 30 and their capex spending isn't going to be increased in fact it's going to play a smaller portion of their revenue that they have to increase the amount of dividends that they're paying either on a quarterly basis or the special dividends”
Oct 19, 2021 · after 1 year