FIG trader_

Comparison to Berkshire Hathaway Shows Sears Has Hope

If by imagination you mean that anyone with decent track record in early years can be compared with Buffett, than by golly, add any of 1000 PM's or private equity managers to your analysis. Good luck. I guess you can claim credit for having imagination, and waste your time. I will be happy to not be part of that club of imaginative types. The presumption is that Lampert (or any of 1000 others) has either the ability or inclination to buy insurance assets, and run the business properly. For those in the know, there are companies that could potentially be in that circle of champions. LUK, MKL, FFH in ten or twenty years; some insurers, some not. The non-insurers have no float to invest but great investment track records; the insurers have great track records, but few non financial assets. MKL in particular is viewed as a potential peer, and has some 20 years track record, with no non financial assets to support investment (BV) growth. Tom Gaynor, the manager, has done remarkable thing from small base. How is SHLD, anything comparable again????