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02-08-2020, 02:59 PM
(02-08-2020, 01:46 PM)Bibi Wrote: I was wondering if Kirkland is successful then how come its making losses for the past 4 quarters? Its share price has been going nowhere for past 20 years
You are thinking about Kirkland's the retail chain (https://en.wikipedia.org/wiki/Kirkland%27s); not Kirkland the Costco private label brand (https://en.wikipedia.org/wiki/Costco#Kirkland_Signature).
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger