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The Global Guru
The Global Guru
Warren Buffett's $1.3 Billion Costco Mistake

Warren Buffett's $1.3 Billion Costco Mistake

Apr 28, 2025
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The Global Guru
The Global Guru
Warren Buffett's $1.3 Billion Costco Mistake
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Generally speaking, I believe Costco does more for civilization than the Rockefeller Foundation.

— Charlie Munger

Even the greatest investors aren’t immune to boneheaded mistakes.

In 2020, Warren Buffett’s Berkshire Hathaway dumped its entire stake in Costco Wholesale Corporation (NASDAQ: COST) — all 4.3 million shares — for a cool $1.3 billion.

A year late…

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