The Art of Pricing Power
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 20 January 2022
⏱️ 27 minutes
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| 0:00.0 | Today on Motley Fool Money, we'll get into why we love pricing power and why we have questions |
| 0:10.3 | about the business of plant-based proteins. |
| 0:13.2 | All that and more coming up right now. |
| 0:22.0 | I'm Chris Hill, and joining me from the Financial Capital of the United States of America, |
| 0:26.2 | Motley Fool Senior Analyst, Maria Gallicor. |
| 0:28.2 | Thanks for being here. |
| 0:29.2 | Thanks for having me. |
| 0:30.2 | We've also got Jason Moser and Matt Frankl coming up with a closer look at a payments company. |
| 0:35.6 | A lot of investors don't know about, but let's start with a conversation about pricing power. |
| 0:42.0 | The thing that Warren Buffett has said, he loves to see most of all in a business the ability |
| 0:47.6 | to raise prices over time. |
| 0:50.5 | If history is any guide, Maria, both Amazon and Costco are going to raise the price of their |
| 0:56.0 | membership fees this year. |
| 0:58.4 | The last time Amazon did this with Amazon Prime was four years ago, and the time before |
| 1:04.0 | that was four years prior. |
| 1:06.7 | With Costco, it was on five-year cycles. |
| 1:09.6 | They raised the price of a Costco membership five years ago, and then five years before |
| 1:14.2 | that. |
| 1:15.6 | Let me start with this. |
| 1:16.6 | If you're a shareholder of either a company, first of all, congratulations. |
| 1:22.0 | These are great businesses that have rewarded shareholders for a long time, but if you're |
| 1:25.2 | a shareholder, you have to be hoping that they are going to follow suit and in fact, raise |
... |
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