03/11/2007 23:42 PM CDT Asked by magician
This is an extremely well-diversified portfolio: over the last nearly four years the average correlation of monthly returns is less than +9% - extremely low. Furthermore, every one of the constituent securities contributes useful - risk-lowering - diversification.

03/11/2007 22:36 PM CDT Asked by mynameis123
That article in the Washington Post about SHLD was total bullshit.

If the author of that piece of garbage did any homework at all he'd know that the real estate 'losses' on paper for 2005 he spoke of were because of the accounting structure that vales buildings as a depreciable asset and does not track increases in the value of land. This is why they changed it to EBITDA.

Also Lampert has publically said as early as 2004 that he will invest money into other companies AND investments depending upon which will give him the greater return.

Also, Eddie's no gambler. You don't become a billionaire in the investment community by taking gambles. Eddie sees things different than the rest of us and that's likely WHY he's a billionaire and most, and likely all of us, aren't.