Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (62984)	12/18/2019 11:02:19 AM
From: Ditchdigger	1 Recommendation Recommended By E_K_S Read Replies (1) \| Respond to of 78774

As a rural consumer, Costco is about 2 hrs away. I pay a $50 membership to Sam's Club..free shipping on everything. I can order toilet paper, shows up at my door a few days later.

To: Madharry who wrote (62984)	12/18/2019 1:33:27 PM
From: LTBH	Read Replies (1) \| Respond to of 78774

As to Costco, been a member all the way back to the old Price Club. Under their retired CEO, seem to remember that their markup is a flat 5%. Also their actual profit used to be all from membership fees ... profit from sales used to equal expenses. Have no idea where things stand now nor whether the new CEO is following in olds footsteps. Luck LTBH

To: Madharry who wrote (62984)	12/19/2019 6:40:50 AM
From: Spekulatius	1 Recommendation Recommended By Jurgis Bekepuris Read Replies (1) \| Respond to of 78774

Burford capital is a pretty murky business, imo, both from a governance as well as from a profit perspective. They have one large win (Petersen case against Argentine) and many smaller losses, so it’s very hard estimate the average profitability of the business. They also do a lot of non cash valuation of on going cases so earnings are not equal to cash flows. Too hard for me and I decided to stay away.