Why famed investor Charlie Munger once told Costco it's important to 'stick to our knitting'

12/23/2024, 5:01 AM
businessinsider.com

Why famed investor Charlie Munger once told Costco it's important to 'stick to our knitting'

Lane Hickenbottom/Reuters

How does a warehouse club giant like Costco sustain business success? The late investor Charlie Munger had some simple advice: stick to your "knitting."

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