Birdwatch Note Rating
2024-12-09 02:25:34 UTC - HELPFUL
Rated by Participant: 008456BE520029C74FA2515520017F5A5987EE03D3F77DB056C7B500FAD6DE88
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Original Note:
Costco does advertise, through mailers. They intentionally lose $ on just a few items, to bring people to the store. Buffet’s regret was SELLING Costco too early. Sources: https://t.co/ppPKR591SD https://wikipedia.org/wiki/Loss_leader https://finance.yahoo.com/news/warren-buffett-selling-costco-stock-173416086.html
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