I’m really impressed as usual with Bill Ackman’s investment thesis with JC Penney (JCP).  While there are few businesses I despise more than retail merchandising, the combination of real estate and cost savings leads to an obvious conclusion that the stock is undervalued.  Ackman is a force to be reckoned with an he will hold...Read More

In this article the author outlines the usual reasons why Sears (SHLD) has declined over the last several years. His comments on declining sales, lack of revenue growth, asset dispositions, and management changes are all accurate.  What people don’t realize is that one of the smartest decisions Edward Lampert made was not too invest any...Read More