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Video: Costco CEO Jim Sinegal on His Biggest Weakness

By Mac Greer – Updated Apr 5, 2017 at 11:54PM

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Costco's (NASDAQ:COST) Jim Sinegal is not your typical CEO. He spends the majority of his time visiting his stores, not in his office. He deals with customer complaints directly. And he gets criticized on Wall Street for being too generous to his employees. (Sinegal says that Costco’s decision to pay its workers more than Wal-Mart (NYSE:WMT) is good business, not altruism.)

When he stopped by FoolHQ in July, we asked Whole Foods (NASDAQ:WFMI) CEO John Mackey what his biggest weakness was. When Sinegal was here, we put the same question to him.

Coming Friday: Sinegal talks mattress mishaps, cake baking, and customer satisfaction.

Listen to the entire audio interview of our conversation with Costco Jim Sinegal at www.motleyfoolconversations.com, or subscribe through iTunes.

See the first part of our interview with Jim Sinegal here!

Mac Greer owns shares of Costco, which is a Motley Fool Inside Value and Stock Advisor recommendation. The Motley Fool owns shares of Costco. The Fool’s disclosure policy knows a guy who recently purchased a 3 lb. resealable bag of Dunkin' Donuts coffee at Costco.

Stocks Mentioned

Walmart

WMT

$131.31 (0.96%) $1.25

Costco Wholesale Corporation

COST

$480.30 (2.98%) $13.90

Whole Foods Market, Inc.

WFM

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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