Disclosure: I’m going to buy some Costco & Wisetech shares

Hi everyone!

As is mandatory Rask practice for our investment personnel (full, honest and frank disclosure - in advance)… tomorrow or Thursday I’m going to buy some shares of:

1. Costco (NASDAQ: COST)

2. Wisetech Global (ASX: WTC)

In comparison to my other positions, especially my Core, these will be smaller allocations.

Both shares look expensive using trivial valuation metrics like P/E ratio (which I never/extremely rarely use to invest). Things like Costco I treat as a multi-decade play. Eventually I’ll transfer Costco to Charlie (my son) and WiseTech who knows.

Happy to do a full write up for you all, and Rask Investors & Core members this week. Otherwise, ask me anything below.

To confirm: these two purchases are small, and separate to my $100,000 Rask Invest purchase - which I’m pleased to say was fully invested this morning. Talk about accidental but awesome timing!

This post contains general financial information only. Please don’t act on it, as it hasn’t taken into account your needs, goals or objectives. Please with an adviser before you invest. Investing can result in permanent capital loss. Just because I buy something doesn’t mean you should.