I love Costco and own the stock, but at a 37.3 P/E, I think people "late to the game" in buying it are just plain crazy. Now don't get me wrong, I like that market participants pushed COST over 300 today. That said, there is no way in gods green earth that I would buy at these "nose bleed" leve
The concept that we were all taught in finance classes and business school was that the primary corporate objective should be to "Maximize shareholder value". While the concept has fallen from the cardinal rule to just one of many competing goals, it is still important. Like many aspects of our