When analyzing investment opportunities, thinking about what the business needs to do fundamentally to achieve a 10% return can help calibrate expectations; for Costco to deliver 10% returns from current levels it would need to replicate past decade's growth and have the market value it at closer to 40x earnings in a decade, which is optimistic.

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Speaker

John Huber

Evidence Quote

what do you need Costco to do fundamentally to achieve a 10% return

Source

Value Investing Fundamentals & Current Market Conditions w/ John Huber (TIP634)The Investor’s Podcast
Created: 8/12/2026, 6:07:54 PM

My Notes

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