Eddie Lampert Speech

Eddie is one the great ones. Here's a talk he gave in 2003.

I started my firm in 1988 and began investing. I was inspired by Warren Buffett’s letters while still working on the Arbitrage desk at Goldman Sachs. We consider ourselves “Aggressive Conservative” investors

In investing, we seek to do a few things well, namely
1) Understand the Business
2) Understand the People Running the Business and
3) Get safety from the price that we pay