Costco is an excellent example of one of the best run companies in the country. While I wouldn't advocate buying it at its current price, it is an example of a very high quality company that is run by world class managers.
My biggest winners in stocks have dropped in price before they really took off. This is counter intuitive, but this has been my experience. With computers now days, everyone is like Pavlov's dogs. The bell rings (stock is bought) and the dog salivates (stock goes up). Stocks don't work that w
