Jim Senegal
2 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Oct 30, 2023 by Charlie Munger · across every show →
Everything said about Jim Senegal, oldest first
Oct 30, 2023 negative
Costco delayed its China entry for decades after refusing a $30,000 bribe
“The first store they tried to open in China, the first store somebody wanted a 30,000 dollar bribe. You know, Chinese culture. And they just wouldn't pay it. And that made such a bad impression on Jim Senegal. He wouldn't even talk to him going into China for …”