Value Investing News: Top Stories

Todd Sullivan looks at the commentary surrounding Lampert today and compares it to what was written about Warren Buffett in the late 90’s

Todd Sullivan looks at Wal-Mart’s online success

This is Part 2.

Eddie Lampert Issues Letter to Sears Associates

Finally what BillyT and others saw as inevitable

Delta is filing for bankruptcy and is equity holders can expect to receive nothing.

It’s true. To be a value investor, you must be a Wall Street outcast. You are required to be a member of the chess team and the audio-visual club. You spend prom night at the mall’s video arcade.

If you never thought you’d see the day when kids played cards at school, think again. It’s happening – and helping kids develop important critical thinking skills. Fueling this in-school card craze is Microsoft Chairman and bridge enthusiast, Bill Gates, who along with Berkshire Hathaway founder, Warren Buffett, pledged $1 million in support of creating a youth bridge program.

Metal working and service industry sits pat in the middle of high demand for metal products and rapidly consolidating and value growing mining and metal producing sectors but is still relatively undervalued. This should change in the coming years as this sector enters into the consolidation and restructuring phase

This is why I think Citigroup is in a world of hurt….as of right now. If top managers like Ackermann don’t want the job then who does.