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Charlie Munger Pointed Out The Extreme Brand Loyalty People Have For Ketchup – 'They Want Heinz! And So You Can Raise The Price Of Heinz'
To Charlie Munger ... "They get used to it and they like it," Munger explained. Munger drew parallels to Coca-Cola, a brand that also enjoys extreme loyalty. People don't just buy Coke; they ...
Business Insider18d
Why famed investor Charlie Munger once told Costco it's important to 'stick to our knitting'
The late investor Charlie ... followed Munger's advice in doing what it's always done. Perhaps the most famous example: The company has charged $1.50 for its food court hot dog and soda combo ...
Business Insider1y
Charlie Munger's last big call was probably right: AI is overhyped
Charlie Munger got the big calls right. Decisions to back Apple, Costco, and Coca-Cola with his investing partner Warren Buffett cemented Munger's reputation as a legendary investor and fuelled ...