Author Topic: Interesting Articles...  (Read 919484 times)

Online ExGingi

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Re: Interesting Articles...
« Reply #10080 on: May 30, 2019, 01:52:36 AM »
https://www.bloomberg.com/news/articles/2019-05-24/in-the-mideast-the-enemy-of-my-enemy-can-still-be-my-enemy?srnd=premium-middle-east

A little funny how they lump a bunch of Arabs into the B-team (Bolton and Bibi) because they are Bin this or Bin that.
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Offline myi

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Online ExGingi

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Re: Interesting Articles...
« Reply #10083 on: June 03, 2019, 06:41:07 PM »
https://www.bloomberg.com/news/articles/2018-10-12/eddie-lampert-rode-the-worst-trade-of-his-life-all-the-way-down?srnd=premium

IMHO the Sears purchase was about its best assets. IIRC at the time ESL bought Sears it was said that the Real Estate was worth more than he paid for the company. They definitely have a very valuable piece of real estate in Brooklyn, which houses a horrendous store.

I don't know what his strategies are or were, but maybe the losses are actually working to his tax benefit, while he carved out the good assets.

Something funny is going on. Lampert is running Sears into the ground, while his hedge fund keeps lending Sears more money. Real estate play?
When Lampert first got into Sears (and then KMart) he was hailed as a genius for the Real Estate play.

Obviously that was before 2008 came along.

I just caught the tail end (literally last sentence) of a Bloomberg radio piece where someone was discussing SHLD, and he said something about Lampert doing something right to extract value. I can't comment on anything as I didn't hear the full piece, but if someone finds it posted online would be interesting to listen to.

The saga continues:

https://www.bloomberg.com/news/articles/2019-05-31/lampert-s-backpedaling-at-sears-renews-uproar-over-severance-pay?srnd=premiumhttps://www.bloomberg.com/news/articles/2019-05-31/lampert-s-backpedaling-at-sears-renews-uproar-over-severance-pay?srnd=premium
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Offline knowitall

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Re: Interesting Articles...
« Reply #10084 on: June 03, 2019, 07:10:07 PM »
When Lampert first got into Sears (and then KMart) he was hailed as a genius for the Real Estate play.

Obviously that was before 2008 came along.

I just caught the tail end (literally last sentence) of a Bloomberg radio piece where someone was discussing SHLD, and he said something about Lampert doing something right to extract value. I can't comment on anything as I didn't hear the full piece, but if someone finds it posted online would be interesting to listen to.


The saga continues:

https://www.bloomberg.com/news/articles/2019-05-31/lampert-s-backpedaling-at-sears-renews-uproar-over-severance-pay?srnd=premiumhttps://www.bloomberg.com/news/articles/2019-05-31/lampert-s-backpedaling-at-sears-renews-uproar-over-severance-pay?srnd=premium
I didn't read any of these articles yet, but this reminds me of Mcdonalds.
It isn't about the burgers, it's the real estate under them.

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Online ExGingi

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Re: Interesting Articles...
« Reply #10088 on: June 06, 2019, 07:52:48 AM »
I've been waiting over 5 years with bated breath for someone to say that!
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Offline stooges44

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Re: Interesting Articles...
« Reply #10089 on: June 06, 2019, 02:05:06 PM »
https://techcrunch.com/2019/06/05/a-first-look-at-amazons-new-delivery-drone/


"Just the computational fluid dynamics simulations took up 30 million hours of AWS compute time (itís good to own a large cloud when you want to build a novel, highly optimized drone, it seems)."
If it's not free shipping it's not worth it.

Offline Moshe123

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Re: Interesting Articles...
« Reply #10090 on: June 06, 2019, 09:09:02 PM »
Typical silicon valley bla bla

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