It Doesn't Do Costco Any Good If

I Say At Our Management Conferences That The Amount Wal-mart Grows In Just One Year Is The Equivalent Of Costco's Size.

There Was A Proposal In California That Would Keep Out Wal-mart But Allow Costco. You Opposed It. Are You Nuts? That's True: I Always Oppose These Kinds Of Things. Competition Makes Us Better. Some Of Our Best Stores Have A Sam's Club Next Door.

You Just Can't Get Too Focused On Worrying About What's Going To Happen In The Next Quarter. You Have To Worry About Where The Business Is Headed Long-term.

It Doesn't Do Costco Any Good If Nobody Can Afford To Buy Anything.

You Take An Educated Gamble. If You Don't Occasionally Make A Mistake, You're Not Doing Your Job.