Doubting Lampert....again

(via www.nytimes.com)

Here is another story wondering if Edward S. Lampert has lost his touch.

George on Sat, 2008-01-26 20:51

Be sure not to miss this last quote in the article:

"He did really well on Autozone,” said Bruce Greenwald, a professor of finance and economics at Columbia University. “Most of his stocks are retail stocks, and he has done really well with them. So he decided he was a genius at retail, and it didn’t occur to him he could be wrong about it. He believed his own press.”

Ouch, that comment by Greenwald has got to hurt.