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Mon Jun 06 15:04:47 +0000 2022

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Nassim Nicholas Taleb @nntaleb

4) Costco's success lies in using optionality & substitution. Their method consists in finding,under stringent quality control, maximally economical items per category. They don't sell 10 varieties of a given item, just 1 or 2. So their edge expands during inflationary periods. — PolitiTweet.org

Posted June 6, 2022