Is Amazon a Costco-Killer?

Reviving “The Milkman Model” for the Grocery Business “Costco is the latest retailer to see dips in its stock on the news that Amazon’s buying Whole Foods for $13.7 billion.” –Fortune.com [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other...
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Broadway Investors: LIFO (“Last In, First Out”)

Lender Beware, or, Regular vs. “Premium”(?) Investors This week’s headlines announcing Spider-Man’s closing didn’t exactly come as a shock:  the exorbitantly expensive play was suffering from bloated costs and declining ticket sales. The surprise was who’s bearing the losses. Or perhaps more to the point, who isn’t: The show’s lead producers, Michael Cohl and Jeremiah J. Harris, acknowledged...
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