Edward Lampert
Lampert is often viewed as a value investor and his investment style is frequently described as "concentrated value". For example, at the quarter ended September 30, 2007, RBS Partners held positions in only six different companies: AutoNation (NYSE: AN), AutoZone (NYSE: AZO), Citigroup (NYSE: C), Clear Channel Communications (NYSE: CCU), Home Depot (NYSE: HD), and Sears Holdings. Despite a relatively narrow range of positions, Lampert has results to back-up his investments: since he started ESL Investments in 1988, Lampert has returned about 29% annually to his investors.
In 2004, Eddie Lampert grossed approximately $1.02 billion, making him the first Wall Street manager to exceed the $1 billion mark in regards to annual income. In 2006 and 2007, it was estimated that Mr. Lampert was worth about $3.8 and $4.5 billion, respectively.
2007 and 2008 have been rough for Lampert as Sears Holdings (Nasdaq: SHLD) shares collapsed and bets in Citigroup (NYSE: C) and other stocks have not paid off.
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Sears says to cut $1 billion in costs, shares surge 40 percent
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Investors reach $40 million settlement over Sears real estate deal
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Sears Holdings (SHLD) Takes Additional Action to Increase Financial Flexibility; to Close Additional 150 Stores
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Sears Holdings (SHLD) Enters $500M Secured Loan Facility
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Sears Holdings Obtains $500 Million Secured Loan Facility
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Pre-Open Stock Movers 12/29: (FBIO) (MARK) (SHLD) Higher; (CEMP) (APTO) (NVDA) Lower (more...)
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Sears Holdings (SHLD) Credit Facility Backed by Eddie Lampert's ESL Investments
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Sears Holdings (SHLD) Gains 12% After Obtaining Standby Credit Facility
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Sears Holdings (SHLD) Obtained Secured Standby Letter of Credit Facility
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Sears Holdings Announces Secured Standby Letter Of Credit Facility
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Eddie Lampert proposes to buy further stake in Sears Hometown
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Sears to take more debt from CEO's hedge fund, posts loss
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Sears Holdings Reports Second Quarter 2016 Results
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Form 4 SEARS HOLDINGS CORP For: Jun 30 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: May 31 Filed by: ESL INVESTMENTS, INC.
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Sears Holdings (SHLD) Enters $500M Secured Term Facility
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Sears Holdings Obtains $500 Million Secured Loan Facility And Closes Previously Announced $750 Million Term Loan
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Sears Holdings (SHLD) Plans Continued Reduction of Product Brands, Categories
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Sears CEO Lampert buys some of company's debt: sources
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Form 4 SEARS HOLDINGS CORP For: Mar 22 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Feb 29 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Feb 10 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Dec 31 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Dec 15 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Dec 11 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Oct 30 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Oct 01 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Sep 28 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Sep 23 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Sep 18 Filed by: RBS PARTNERS, L.P.
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Sears names ex-Amazon exec to new fulfillment post
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Form 4 SEARS HOLDINGS CORP For: Sep 14 Filed by: RBS PARTNERS, L.P.
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Form 4 SEARS HOLDINGS CORP For: Aug 31 Filed by: ESL INVESTMENTS, INC.
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Sears looks to boost Kenmore and Craftsman brands with new hire
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Sears Holdings (SHLD) CEO Lampert Buys ~377K Shares
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Form 4 SEARS HOLDINGS CORP For: Aug 20 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Aug 06 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Aug 04 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Jul 31 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Jul 02 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Jun 30 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Jun 15 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Apr 30 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Mar 31 Filed by: ESL INVESTMENTS, INC.
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Sears Holdings Announces Filing Of S-11 Registration Statement By Seritage Growth Properties
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Form 4 SEARS HOLDINGS CORP For: Feb 27 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Jan 30 Filed by: ESL INVESTMENTS, INC.
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Form 4 SEARS HOLDINGS CORP For: Dec 31 Filed by: ESL INVESTMENTS, INC.
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Eddie Lampert Discusses Re-Positioning Sears Holdings (SHLD) Store Portfolio

