This week, Barry and Ernest discuss why people aredrinking less alcohol, talk about the importance of culture & incentives, and provide an update on Costco.
0:00 – Introduction
2:51 – The “Big Beautiful Bill”
7:51 – Shifts in consumer consumption behavior
14:38 – Importance of company culture andincentives
27:11 – Update on Costco
29:05 – Thoughts on Costco’s valuation
42:05 – Costco’s unique culture
43:08 – Next steps for Costco
