Calculated Risk (Free subscription) | 06/16/2008
There was a blurb in the WSJ last week about hedge-fund manager Edward Lampert: Lampert Puts Money On Housing Rebound. Although Lampert invested in several housing related stocks, the vast majority of his housing related investment is in home improvement (specifically Home Depot). Let's take another look at home improvement (Important Note: this is not investment advice). Home Depot recently
Market Watch (Free subscription) | 06/12/2008
BOSTON (MarketWatch) -- High-profile hedge fund manager Edward Lampert has been positioning his portfolio for a rebound in the U.S. residential housing market by scooping up shares of home builders, mortgage lenders and a home-improvement retailer, The Wall Street Journal reported Thursday. Lampert's fund, ESL Investments Inc., has bought "small stakes" in builders Centex Corp. and KB Home , the newspaper...
Law Blog - WSJ.com (Free subscription) | 06/12/2008
Billionaire hedge-fund manager Edward Lampert is betting on a housing recovery, buying stakes in home builders, lenders and Home Depot.
GuruFocus Updates (Free subscription) | 06/11/2008
From the article:â?Sears Holdingsâ?? annual meeting apparently turned into a battle of the hedge fund managers as William Ackman took Sears chairman Edward Lampert to task over the retailerâ??s performance.
Market Watch (Free subscription) | 05/29/2008
Billionaire hedge fund investor Edward Lampert’s struggling Sears Holdings Corp. says it will repurchase another $500 million of shares and projects a higher profit for the year, but analysts say Sears still has a long ways to go.
