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by cogman10
1017 days ago
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> What is a “recoverable loss”? Unrelated to the topic at hand. I'm not accusing ford of omissions to their 10-K. That's not what Hollywood accounting means. > It seems like you are using orthogonal to mean “similar”, No, I mean orthogonal. You simply do not know what "Hollywood accounting" is. > And Lampert has done very poorly with his Sears investment, he has most likely lost wealth over the last 15 years when a riskless SP500 investment would have gained a ton. Really hard to say, but he was able to leverage 4.6 billion dollars [1] to repurchase sears. [1] https://www.cbsnews.com/news/sears-chairman-eddie-lampert-of... |
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