Money and Finance
- Ruane, Cunniff & Goldfarb Investor Day Transcript (may 2014)
Link to: Ruane, Cunniff & Goldfarb Investor Day Transcript (or in PDF) Question: At last year's meeting, I asked you if Google was priced to perfection and you correctly said it was not. So I am curious; at this point what do you feel its growth...
- Costco Ceo Craig Jelinek Leads The Cheapest, Happiest Company In The World
Link to article: Costco CEO Craig Jelinek Leads the Cheapest, Happiest Company in the World ...
- Fairfax Newsletter
Found via the Corner of Berkshire & Fairfax. Welcome to the Fairfax Newsletter. This is the inaugural issue of a newsletter we will publish on a periodic basis. We seek to accomplish two major goals in publishing this newsletter. First, we intend...
- What Do You Think Of Costco's Special Dividend?
Earlier this week Costco (COST) announced a $7 special dividend payable to shareholders in December. The idea behind it is to give shareholders an extra bonus prior to the potential dividend tax hike. Several other companies have announced special...
- Don't Overlook This Factor In Your Research Process
"Culture is not the most important thing. It's the only thing." - Jim Sinegal, Costco co-founder & former CEOWhen was the last time you read a stock report that included a discussion of the company's culture? I bet it's been a while. Perhaps...
Money and Finance
Retiring CEO of Costco takes a look back on his legacy
Found via the Corner of Berkshire & Fairfax.
On New Year's Eve, Costco Wholesale co-founder Jim Sinegal will step down as CEO.
He will hand off the job he loves and his open-walled office to Craig Jelinek, a veteran Costco executive whom Sinegal considers "almost a founder."
He will turn 76 on New Year's Day and stay for a yearlong transition before retiring to just the board of directors.
As Sinegal's days of wearing the silver ID badge reserved for 25-year employees wane, he talks about how it all started, companies staying true to themselves and why he was willing to spend $19 million to kick the state out of the liquor business.
On New Year's Eve, Costco Wholesale co-founder Jim Sinegal will step down as CEO.
He will hand off the job he loves and his open-walled office to Craig Jelinek, a veteran Costco executive whom Sinegal considers "almost a founder."
He will turn 76 on New Year's Day and stay for a yearlong transition before retiring to just the board of directors.
As Sinegal's days of wearing the silver ID badge reserved for 25-year employees wane, he talks about how it all started, companies staying true to themselves and why he was willing to spend $19 million to kick the state out of the liquor business.
- Ruane, Cunniff & Goldfarb Investor Day Transcript (may 2014)
Link to: Ruane, Cunniff & Goldfarb Investor Day Transcript (or in PDF) Question: At last year's meeting, I asked you if Google was priced to perfection and you correctly said it was not. So I am curious; at this point what do you feel its growth...
- Costco Ceo Craig Jelinek Leads The Cheapest, Happiest Company In The World
Link to article: Costco CEO Craig Jelinek Leads the Cheapest, Happiest Company in the World ...
- Fairfax Newsletter
Found via the Corner of Berkshire & Fairfax. Welcome to the Fairfax Newsletter. This is the inaugural issue of a newsletter we will publish on a periodic basis. We seek to accomplish two major goals in publishing this newsletter. First, we intend...
- What Do You Think Of Costco's Special Dividend?
Earlier this week Costco (COST) announced a $7 special dividend payable to shareholders in December. The idea behind it is to give shareholders an extra bonus prior to the potential dividend tax hike. Several other companies have announced special...
- Don't Overlook This Factor In Your Research Process
"Culture is not the most important thing. It's the only thing." - Jim Sinegal, Costco co-founder & former CEOWhen was the last time you read a stock report that included a discussion of the company's culture? I bet it's been a while. Perhaps...