COST
Costco Wholesale Corp
stock NASDAQ

I read many books about investing, especially about Warren Buffet, Charlie Munger and Howard Marks. I think the book "Same as Ever" is a good addition to those who already know about value investing or who pretend to know about it. The book got me thinking about the everyday life and what business I should invest in.
I think in the next 10 years, people still need to buy the cheapest products from COST hence I buy the share.
People still need to get the financial data from SPGI/MCO hence I buy the share.
I am not an expert in stock picking and very new to the investing world and still learning, the companies might not have the real moat and can be wrong but we will see the results in the next 10 years.
I think I can hold them for 10+ year.
"What never changes in a changing world?"
What do you guys think?

"What stock would I be happiest getting assigned on Friday?"
My framework is simple: astock has to be a business I'd happily own for 3–5 years. After that, I look for temporary fear, not excitement.
Current rankings:
• MA — Elite business, ~60% ROIC, trading much closer to its lows than its highs.
• V — Similar moat to Mastercard, slightly less loved, lower drama.
• AMZN — AWS, AI, advertising, and logistics all under one roof.
• GOOG — Still a cash-flow machine. The question is whether the massive AI infrastructure buildout earns attractive returns.
• INTU — Near lows. Does AI strengthen or weaken the moat around TurboTax and QuickBooks?
• MELI — One of my favorite businesses. The key question is whether rapid credit-book growth becomes a future problem.
• META — Fantastic business, but there is less fear in the stock today.
• NVDA — Probably the best AI company in the world. The problem is that everyone knows it.
• COST — Amazing business. Rarely cheap.
• CRDO — Outstanding AI infrastructure story, but customer concentration keeps it lower on my list.
The biggest lesson I've learned:
The best company is not always the best put.
I'd rather sell puts on Visa near its lows than Nvidia near its highs.
Not because Visa is the better company.
Because the market is giving me more fear and a better entry point.
Before every trade I ask:
"If I'm assigned on Friday, would I be happy owning this stock for the next three years?"
That question has saved me more money than any options strategy.

I read many books about investing, especially about Warren Buffet, Charlie Munger and Howard Marks. I think the book "Same as Ever" is a good addition to those who already know about value investing or who pretend to know about it. The book got me thinking about the everyday life and what business I should invest in.
I think in the next 10 years, people still need to buy the cheapest products from COST hence I buy the share.
People still need to get the financial data from SPGI/MCO hence I buy the share.
I am not an expert in stock picking and very new to the investing world and still learning, the companies might not have the real moat and can be wrong but we will see the results in the next 10 years.
I think I can hold them for 10+ year.
"What never changes in a changing world?"
What do you guys think?

"What stock would I be happiest getting assigned on Friday?"
My framework is simple: astock has to be a business I'd happily own for 3–5 years. After that, I look for temporary fear, not excitement.
Current rankings:
• MA — Elite business, ~60% ROIC, trading much closer to its lows than its highs.
• V — Similar moat to Mastercard, slightly less loved, lower drama.
• AMZN — AWS, AI, advertising, and logistics all under one roof.
• GOOG — Still a cash-flow machine. The question is whether the massive AI infrastructure buildout earns attractive returns.
• INTU — Near lows. Does AI strengthen or weaken the moat around TurboTax and QuickBooks?
• MELI — One of my favorite businesses. The key question is whether rapid credit-book growth becomes a future problem.
• META — Fantastic business, but there is less fear in the stock today.
• NVDA — Probably the best AI company in the world. The problem is that everyone knows it.
• COST — Amazing business. Rarely cheap.
• CRDO — Outstanding AI infrastructure story, but customer concentration keeps it lower on my list.
The biggest lesson I've learned:
The best company is not always the best put.
I'd rather sell puts on Visa near its lows than Nvidia near its highs.
Not because Visa is the better company.
Because the market is giving me more fear and a better entry point.
Before every trade I ask:
"If I'm assigned on Friday, would I be happy owning this stock for the next three years?"
That question has saved me more money than any options strategy.