Liberty Posted January 20, 2014 Share Posted January 20, 2014 http://oddlotinvest.wordpress.com/2014/01/11/lamperts-lemon-and-lemmans-lemonade-the-difference-between-value-creation-and-destruction/ I thought this blog post was interesting. It starts by looking at media coverage of both Lampert and Lemman and finds that they both have similar approaches, despite articles by the same publication published one montha apart using the same types of strategies to explain both success and failure. Seems like a good example of the halo effect; the same thing will be seen in a completely different light depending on whether you are currently succeeding or not. If things ever turn around at SHLD, I'm sure the media will use the same facts to explain a different outcome.. But I think the conclusion of the blog post also matters a lot: A jockey will only be as good as his horse. Lampert picked a much tougher business with Sears than Lemman with Heinz... Link to comment Share on other sites More sharing options...
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