AZO
Todd Sullivan's - ValuePlays: AutoNation, Sears and AutoZone Getting Closer
(via valueplays.blogspot.com)
imagine?
Todd Sullivan's - ValuePlays: ESL / Autozone Agreement Filed with SEC
(via valueplays.blogspot.com)
here is the agreement
Todd Sullivan's - ValuePlays: More on Lampert's AutoZone (AZO) Agreement
(via valueplays.blogspot.com)
Seems like there was more to than meets the eye here
Todd Sullivan's - ValuePlays: More on Sears Holdings "Going Private"
(via valueplays.blogspot.com)
Will not happen
Buy ‘Em Back at Western Sizzlin’
(via www.circleofcompetenceblog.com)
Western Sizzlin' announced a share buyback authorization today, which is terrific news for shareholders. In this article I explain why that make sense for WEST and all undervalued companies.
Value in Autos??
(via valueplays.blogspot.com)
Some big time value investors are investing in the auto industry
Remarks by Edward S. Lampert at the The Third Avenue Management Investor Conference and Luncheon
(via www.ridgewoodgrp.com)
Question: There seems to be a pattern of ESL making investments in retail given positions in companies like KMART, AUTOZONE, and SEARS. This seems surprising since Buffett would consider retail to be one of the not so great businesses. What do you see that Buffett does not and why do you like retail so much?
Answer: Actually, investing in retail for ESL has been an opportunistic thing and a relatively recent phenomenon.
Should Auto Parts be a Part of Your Portfolio?
(via www.gurufocus.com)
An article at GuruFocus.com that quotes extensively from John Harris of Ruane, Cunniff. "I think what we found was that the auto parts retail business is a wonderful business for a lot of reasons. The stores are pretty spartan. The consumer is not expecting a fantastic store environment like you might find in a Tiffany or a Whole Foods."
