Yet Another Value PodcastPublished 2026-09-07
“$TBBB: Tiendas 3B is Mexico's Aldi. Is it too late to buy? | Fruit Tree Capital”
$COSTNo side taken
Costco is a strong, mature company with rapid growth, but its 40x P/E makes it unattractive for new buying despite holding existing positions.
Twenty years ago , Costco was much more comprehensive than it is today.
We've seen it with Costco. We've seen it with all the other companies, and it looks like it's going to continue.
That's how I feel, it's like buying Costco in the 90s or buying Walmart in the 80s.
I looked at a chart for Costco. Costco's stock has increased 20 times in the last 20 years. The past—sorry, that's an understatement—has increased 27.5 times over the last 20 years , compared to the S& P 500's 7.5 times, right?
