Saul Price

“Costco today still embodies that Saul Price fiduciary to the customer idea. But it is protected by this thing I call a governance fortress that protects it from outside attacks so that its board understands its job very differently than most companies' boards.”

“He was a lawyer before he became an entrepreneur. And when he was a lawyer, he had this idea... he asked himself the simple question, who's my client?... this is very simple. I am a fiduciary to my customer.”