Eddie Lampert: The best investor of his generation Click here to go to the original topic          Value Investing Forum Forum Index -> Guru Watch Value-Investing-Forum Thu Feb 16, 2006 8:32 pm     Eddie Lampert: The best investor of his generation  Eddie Lampert: The best investor of his generation The mood was tense at the Bel Age Hotel in West Hollywood, Calif., early last year. The top two dozen executives of Sears, Roebuck & Co. were gathering for a strategy session with Eddie Lampert, the then- 42-year-old billionaire hedge fund manager who had just engineered an unlikely takeover of their struggling yet venerated company. The fact that the vehicle of his acquisition was discounter Kmart -- which Lampert had come out of nowhere to snatch control of during bankruptcy -- was only one source of the tension. Lampert also had zero experience running a retail operation. Yet once their presentations started, he began poking holes in virtually every idea. "What's the benefit of that?" he asked again and again. "What's the value in that?" More          Value Investing Forum Forum Index -> Guru Watch Page 1 of 1 Search Engine Indexer BlastInvest @2005 p h p B B © 2001, 2002 p h p B B Group