MSF

Value Investing in Sears: Avoid Current Perceptions & Look Forward

Bish good point and I especially like the fact on that Citi group purchase.By the way GS has it on its convicted sell list today,6.26.08.

Again Lampert was making money in the market when everyone was making money in the market now that it is more difficult he is not.
As far as the returns well obviously, if you were up one year 100 percent and do nothing for the next four years your return is 25 percent this is good in a bad market and it makes makes you look great.

Finally that return on Sears when they merged was from the speculation of Lampert using Sears as an investment vihicle and investors were able to get in without an enourmous investment and being part of Lampert's hedge fund.
That blew over and the shares tanked.Investors realizing Lampert wants to prove somethng to himseld that he is a retail guru.

Listen look at the facts,he screwed up and not putting out a plan is because he is scared of failure which is in process now.