Episode · Acquired · 2023-08-21
Books mentioned on Costco (Audio)
Books mentioned, in the order they came up
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Sam Walton, Made in America
Sam Walton, Made in America by Sam Walton and John Huey is the definitive autobiography of the visionary retail pioneer who founded Walmart and revolutionized global commerce through relentless innovation and everyday low pricing.
Discussed“there's this amazing story that Sam tells in made in America where a few years later Sam is going around again to Price Club”
Where to get it
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The High Cost of Low Wages
Discussed“so in 2006 Harvard Business Review published a really great piece called the high cost of low wages where they very directly compare Costco and Walmart employee salaries and benefits”
Where to get it
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Saul
Saul by Robert Browning is a biographical work detailing the life of Saul Price, the retail visionary behind Price Club and a foundational figure in warehouse club retailing.
Recommended“we mentioned that there's basically one book about Costco and Price Club and it is self-published by Saul Price's son Robert price as you can imagine it's out of print we managed to get our hands on three of them”
Where to get it
Other mentions in this episode (1) — ad reads, self-promotion and passing references, never counted
Ad read Essentialism
“they're also including other books in that collection that are about doing a few things but very well like the book essentialism which is from friend of the show Brad gerstner that is one of his favorite books”