Friday, September 12, 2008

Edward Lampert


Lampert's investment style can best be described as "concentrated value", often focusing on the retail sector. His takeover of Kmart and later of Sears and later merger of both companies left many people wander where he came from. His true dealmaking capabilities were tested in the deal of his lifetime when in 2003, he was kidnapped from the parking lot of his office, but Lampert convinced his captors to let him go after two days, promising to pay them after he is free.

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