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Trader Joe's lawyers are taking a page out of the SpaceX playbook. As a defense against allegations of illegal union-busting, the company's lawyers claimed that the NLRB is actually unconstitutional.
It's the same move that lawyers for Elon Musk's SpaceX tried earlier this month.
Instead of... See more
instagram.comThis is Les Schwab. One of Charlie Munger's favorite founders. Les's autobiography was one of Charlie Munger's favorite books. If you read Les's book you'd love him too.
A few lines from his autobiography that gives you a sense of the man:
1. I did write this book 100% with my 40 year old... See more
David Senrax.comCostco co-founder Jim Sinegal is one of Kirkland Signature's biggest fans—and he can prove it. "My shoes are Kirkland Signature, my socks are Kirkland Signature, my underwear, my shirt, my glasses are Kirkland Signature," he said.
Sinegal sat down with the Journal to discuss how he built Costco's $86 billion private... See more
wsjinstagram.comEmbracing Paradox
Exploring the balance between opposing principles in investment, such as trust versus skepticism, patience versus urgency, and transparency versus confidentiality, emphasizing the importance of harmony in decision-making.
static1.squarespace.comit is a fast grower, then where and how can it continue to grow fast? “La Quinta is a motel chain that started out in Texas. It was very profitable there. The company successfully duplicated its successful formula in Arkansas and Louisiana. Last year it added 20 percent more motel units than the year before. Earnings have increased every quarter.
... See morePeter Lynch • One Up on Wall Street
The people in the stores were long-tenured, partly because most of our full-timers had risen from the ranks of the part-timers; and partly because of the slow growth of the number of stores, so there weren’t scads of promotion opportunities.