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Why Charlie Munger Loves Costco (No Matter How Expensive The Stock Is)

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Rupert Hargreaves
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One of Charlie Munger's favorite investments is Costco, and when I say one of his favorite investments, I mean his second favorite.

Based on the information he has disclosed, Costco is his second largest personal investment, alongside Berkshire Hathaway.

As Munger does not talk about his investments regularly or disclose them as Warren Buffett has to at Berkshire, we cannot be sure if this is still the case, but it is based on past information.

What's so significant about this position is the fact the billionaire investor believes it's one of the best companies on the market, as evidenced by the position in his portfolio.

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Charlie Munger

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha