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Archive of entries posted on 5th March 2012

Concern over debt and Costco.

I’m in the Coachella, Valley, 20 miles from Palm Springs. The weather is glorious. I dropped by Costco on Saturday. It was mobbed. Costco’s stock has had a nice run. P/E is 24.6. It’s not growing that fast — more like 12-14%. Hard to see it holding that level. I didn’t buy anything. I didn’t […]