Jim Sinegal

3 statements across 2 episodes · 2 bullish · 0 bearish · 2 people on the record · first statement Aug 21, 2023 by David Rosenthal · said 87 times in 9 episodes since 2022 · across every show →

Mentions by year

brought up most by David Rosenthal (51), Ben Gilbert (23), Charlie Munger (7), Howard Schultz (5), David Senra (1)

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00101.520320222023202420252026episodesmentions per episode
2026 1 mention in 1 episode
2025 2 mentions in 1 episode
2024 16 mentions in 2 episodes 8 per episode
2023 55 mentions in 3 episodes 18 per episode
2022 13 mentions in 2 episodes 7 per episode

every mention, scene by scene, with the transcript →

Everything said about Jim Sinegal, oldest first

Aug 21, 2023 positive
Assertion Partly supported
All three CEOs in Costco's history previously worked at FedMart
“There have been three CEOs in the history of Costco. Saul Price, Jim Senegal, Craig Jelinek. All of whom worked at FedMart.”
David Rosenthal Aug 21, 2023 ▶ 2:48:31 Costco (Audio) · Acquired
Aug 21, 2023 positive
Assertion Supported
A 2001 coffee with Jim Sinegal inspired Amazon's core low-price philosophy
“Jeff has this coffee with Jim, and Jim explains this philosophy to Jeff. Jeff comes back to Amazon HQ the next day and is like, I'm reversing the policy, and says exactly what you just said. There are two types of companies in this world. Companies that work h…”
David Rosenthal Aug 21, 2023 ▶ 1:29:30 Costco (Audio) · Acquired
Oct 30, 2023 neutral
Assertion Not publicly verifiable
Costco co-founder Jeff Brotman stepped aside as CEO after board struggle
“They had originally agreed that Brotman would be the chairman and CEO, because he was his idea. He founded the whole thing, but Senegal decided, no, I have to be the CEO. So, it was a big, unfortunate board meeting, a big internal struggle, and Brotman moved a…”
Charlie Munger Oct 30, 2023 ▶ 19:13 Charlie Munger (Audio) · Acquired
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