Edward Lampert

Last Update: 2014-11-14

Number of Stocks: 4
Number of New Stocks: 0

Total Value: $1,510 Mil
Q/Q Turnover: 0%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Edward Lampert' s Profile & Performance

Profile

Lampert is the founder of RBS Partners, L.P., a private investment company, and the Chairman of Sears Holdings Corporation (SHLD). Since starting RBS Partners, L.P. in 1988 at the age of 25, he has racked up returns averaging 29% a year. He is #68 on the list of Forbes 400 Richest Americans.

Web Page:http://www.searsholdings.com/invest/

Investing Philosophy

Like Warren Buffett, Lampert targets mature and easily understandable businesses that have strong cash flows. He focuses on a company's ability to generate large amounts of cash over the long haul. Unlike Buffett, Lampert is less focused on the management team of potential because of his willingness to implement changes in the companies in which he has invested. Lampert has significant experience investing in the retail arena.

Total Holding History

Top Ranked Articles

Berkshire Hathaway vs Sears Holdings: The Early Years
The comparisons have been rampant about Warren Buffett's Berkshire Hathaway (BRK-A) and Eddie Lampert's Sears Holdings (SHLD). Let's look and rather than comparing the 42 year old Berkshire with the 2 year old Sears in both their current states, let's look at Berkshire's beginnings and take an apples to apples approach when making the comparison. Read more...
Eddie Lampert: Still a Great Investor in Spite of Sears
Many have argued that his investing prowess and investment in Sears make Eddie Lampert comparable to a young Warren Buffett. While there are many reasons he is not the next Buffett and his Sears investment is unlike Buffett’s in Berkshire Hathaway (BRK.A)(BRK.B), he is still a great investor in his own right with major successes and 29% average return over his relatively young career. Sears has faltered under his leadership, but it does not negate his overall record. Read more...
Media hype, Prem Watsa and Fairfax Financial, Warren Buffett and Berkshire Hathaway, Eddie Lampert and Sears Holdings
As investors we’re surrounded by media “noise”. Financial tabloids, television broadcasters and internet news services publish their daily opinions on their latest favourites and villains. Read more...
A Lesson from Eddie Lampert on How to Invest Like Buffett
A February 6, 2006 story in Fortune, entitled “Eddie Lampert: The best of his generation”, said the following: Read more...
Value investors crowd around Sears
I just wanted to update a January article I wrote called "Media Hype" that included a discussion about Sears Holdings (SHLD) . Read more...
» More Edward Lampert Articles

Commentaries and Stories

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Francis Chou Trades Two Sears Spin-offs Edward Lampert - Francis Chou Trades Two Sears Spin-offs
During the third quarter, Francis Chou (Trades, Portfolio) of Chou Associates Management made only two adjustments to the Associates Fund portfolio — both companies are spin-offs of Sears Holdings (SHLD) whose insiders are purchasing the stock. More...

SEARS, SEARS HOMETOWN AND OUTLET, LANDS' END, FRANCIS CHOU


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Sears Holdings Corporation Provides Update on actions to generate liquidity, fund its transformation and evolve its capital structure
HOFFMAN ESTATES, Ill., Oct. 2, 2014 /PRNewswire/ -- Sears Holdings Corporation ("Holdings," or the "Company") (SHLD) today announced that the Company expects to generate up to U.S.$380 million in proceeds from its interest in Sears Canada Inc. ("Sears Canada") by earlyNovember 2014, assuming the completion of its previously announced rights offering of Sears Canada shares to the Company's stockholders and the exercise of all such rights. Of this amount, the Company expects to receive at least $168 million in mid-to-late October from the exercise of the rights distributed to them by ESL Partners, L.P. and Edward S. Lampert, Chairman and Chief Executive Officer of Holdings and Chairman and Chief Executive Officer of ESL Investments, Inc., which collectively with their affiliates own 48.5% of Holdings' outstanding common stock. More...

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Edward Lampert's Sears Announces Steeper Losses
HOFFMAN ESTATES, Ill, Aug. 21, 2014 /PRNewswire/ -- Sears Holdings Corporation (SHLD) today announced financial results for its second quarter ended August 2, 2014. Net loss attributable to Holdings' shareholders was $573 million ($5.39 loss per diluted share) for the second quarter of 2014, compared to $194 million ($1.83 loss per diluted share) for the prior year second quarter. Adjusted EBITDA was $(313) million for the second quarter of 2014, compared to $(78) million in the prior year second quarter. As a supplement to this announcement, a presentation, pre-recorded conference and audio webcast are available at our website http://searsholdings.com/invest. More...

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Eddie Lampert Decreases AutoNation Position Below 9% in Brisk Selling Edward Lampert - Eddie Lampert Decreases AutoNation Position Below 9% In Brisk Selling
At one point the owner of more than 77 million AutoNation (AN) shares, Eddie Lampert has continually shrunk the holding since 2010, filing it down to 8.98% from 9.45% of the company after selling 973,747 shares this week, according to Real Time Picks. More...

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5-Year Lows: Pacific Coast Oil Trust, Sears Hometown & Outlet Stores Inc, Dynex Capital Inc, and Landauer Inc.
According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Pacific Coast Oil Trust, Sears Hometown & Outlet Stores Inc, Dynex Capital Inc, and Landauer Inc. More...

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GuruFocus Real Time Picks of the Week Edward Lampert - GuruFocus Real Time Picks Of The Week
The following information is a highlight of the real-time guru activity we saw this week. To view more information on these gurus, check out their guru portfolios. The “Real Time Picks” reports the stock purchases and sells that Gurus have made within the prior two weeks. If a Guru makes a purchase or sell of a company in which they own a greater-than 5% stake, SEC regulations require them to report their transaction within two days. It was a quiet week in guru trades but we did see a couple of trades coming from Mario Gabelli (Trades, Portfolio) and Edward Lampert (Trades, Portfolio). More...

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A Crash Course in Buying Spin-Offs Edward Lampert,Howard Marks - A Crash Course In Buying Spin-Offs
Following the herd is the surest way of achieving mediocre performance. To produce superior returns, we have two options. More...

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Edward Lampert's Sears Holdings to Spin Off Lands' End
Below is the Press Release from Sears Holdings. More...

EDWARD LAMPERT


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Is There a Huge Gap Between Price and Intrinsic Value?
The Gap Inc. (GPS) is a leading apparel specialty retailer that sells casual apparel for men, women, and children under the Gap, Old Navy, Banana Republic, Piperlime and Athleta brands. With a very broad spectrum of consumers, the company becomes the largest specialty apparel retailer in the U.S. Additionally, the company plans to open five Old Navy brand stores in China this year, so the focus in international markets is a driver for future revenues. The firm's competitors include American Eagle Outfitters Inc. (AEO) and The TJX Companies Inc. (TJX). More...

LONG, RETAIL, APPAREL, GAP, SPECIALTY, CASUAL


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Eddie Lampert 2014 Shareholder Letter
“Messer Hubbard and Bell want to install one of their “telephone devices” in every city. The idea is idiotic on the face of it. Furthermore, why would any person want to use this ungainly and impractical device when he can send a messenger to the telegraph office and have a clear written message sent to any large city in the United States?” More...

EDDIE LAMPERT


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Eddie Lampert's Annual Sears Letter - 2014 Could Be the Year of Transformation for Sears
February 27, 2014 More...

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GuruFocus Real Time Picks of the Week Edward Lampert - GuruFocus Real Time Picks Of The Week
The following information is a highlight of the real-time guru activity we saw this week. To view more information on these gurus, check out their guru portfolios. The “Real Time Picks” reports the stock purchases and sells that Gurus have made within the prior two weeks. If a Guru makes a purchase or sell of a company in which they own a greater-than 5% stake, SEC regulations require them to report their transaction within two days. This week we saw notable increases in Real Time activity from Steven Cohen (Trades, Portfolio) and Edward Lampert (Trades, Portfolio) . More...

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Letter from Sears Holdings Chairman Eddie Lampert - Are New Ideas About How Retail Is Changing Really New? Edward Lampert - Letter From Sears Holdings Chairman Eddie Lampert - Are New Ideas About How Retail Is Changing Really New?
Data about the 2013 holiday season from a wide variety of retailers is feeding a growing consensus: store traffic has decreased significantly across the industry and may never return to previous levels.1 We don’t disagree with these conclusions, but we’re not at all sure that they are new. More...

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Sears Holdings Provides Update on Fourth Quarter Business
HOFFMAN ESTATES, Ill., Jan. 9, 2014 /PRNewswire/ -- Sears Holdings Corporation ("Holdings," "we," "us," "our," or the "Company") (SHLD) today is providing an update on our quarter-to-date performance and financial position. More...

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A Race Between Cost Cutting and Sales Declines – Edward Lampert Reduces Sears Holdings
According to GuruFocus Real Time Picks, Edward Lampert made a reduction to Sears Holdings Corporation (SHLD). So, two questions arise for investors: (1) What does Lampert see to reduce that position? and (2) can we see it too? More...

SHLD, TGT, M, LONG, RETAIL, DEPARTMENT, STORES, LAMPERT


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Edward Lampert Cuts Sears to Meet Redemptions, Still Confident Edward Lampert - Edward Lampert Cuts Sears To Meet Redemptions, Still Confident
Though Edward Lampert insists cutting his stake in Sears had nothing to do with a loss of faith in the company, news of the reduction sent shares plunging more than 20% this week. The hedge fund manager and chief executive of Sears Holding (SHLD) cut back the scope of his ownership in the company from 55.4% to 48.4%, according to a regulatory filing released Tuesday. More...

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Real-Time Reductions with Edward Lampert, Chuck Royce and Howard Marks
According to GuruFocus Real Time Picks, three gurus just made reductions to major holdings in Anaren Inc. (ANEN), Star Bulk Carriers Corp. (SBLK) and Sears Holdings Corporation (SHLD). Here are the trade details: More...

DEPARTMENT STORES, SHIPPING & PORTS, AUTO & TRUCK DEALERSHIPS, COMMUNICATION EQUIPMENT


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AutoNation and the Cyclical Risk of the Auto Industry – Edward Lampert Starts Reducing
According to GuruFocus Real Time Picks, on Nov. 29 Edward Lampert reduced his stake in AutoNation Inc. (AN). By Sept. 2013, Lampert owned 29% of AutoNation's common shares; so what made him cut back his position three times during November? More...

LONG, CAR, PARTS, AN, PAG, GPC, KMX, VEHICLES, PAUL TUDOR JONES, MURRAY STAHL, MARIO GABELLI, JEREMY GRANTHAM, STEVEN COHEN, AUTONATION, TOYOTA, HONDA, NISSAN, BMW, MERCEDES


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Eddie Lampert's Sears Reports $543 Million Net Loss in Q3
HOFFMAN ESTATES, Ill., Nov. 21, 2013 /PRNewswire/ -- Sears Holdings Corporation (SHLD) today announced financial results for its third quarter ended November 2, 2013. Net loss attributable to Holdings' shareholders was $534 million, or $5.03 loss per diluted share, compared to $498 million, or $4.70 loss per diluted share, in the prior year quarter. Adjusted EBITDA was $(286) million for the third quarter of 2013, which was within the range of our previous guidance from October 29, compared to $(172) million in the prior year quarter. As a supplement to this earnings release, please see our presentation at our website http://searsholdings.com/invest. More...

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Down a Billion - Lampert Sells in Review, AutoNation Update Edward Lampert - Down A Billion - Lampert Sells In Review, AutoNation Update
A man of many hats and top investor Guru Edward “Eddie” Lampert also manages his firm ESL Investments. His third quarter portfolio lists 4 stocks at a total value of $2.99 billion, down almost a billion since April 2013. His quarter-over-quarter turnover is 0%. More...

AUTO & TRUCK DEALERSHIPS, DEPARTMENT STORES, HOME IMPROVEMENT STORES


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User Comments

Goforit
ReplyGoforit - 8 months ago
How are premium members of GuruFocus supposed to evaluate the list of Gurus when more often than not there is no historical performance records. Most of the time the "profile/performance" tab does not have anything on performance. Why not? Maybe it should just be called the "profile" tab. This is very frustrating.
Boca76
ReplyBoca76 - 11 months ago
There seems to be something wrong with the current shares numbers of AN

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