Nike, Walmart, and Costco Defying the Odds, plus Letters from Listeners

Youngme, Felix and Mihir discuss how legacy retailers like Nike, Walmart and Costco have managed to defy the odds and outperform expectations, despite an onslaught of fresh competition. They also respond to more letters from listeners, including questions about President Biden’s $3.5 trillion spending plan and more.  Recent picks, and recommended reading/websites: The Rescue (National Geographic documentary)  Seinfeld (Netflix) Weeds (Netflix) The Best Tinned Fish We invite you to email your comments and ideas for future episodes to:  afterhours@hbs.edu.  You can also follow Youngme and Mihir on Twitter at: @YoungmeMoon and @DesaiMihirA.