Brian hamilton

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van Brian-hamilton in de database.
Benchmarking, generally, is far from a science. When you're talking about private company benchmarking, there are well-known limitations to the gathering and use of that data.
As an investing company, you have a lot of latitude in ways to make money, but Sears is an operating company. To invest in a company for its current cash flow, with little expectation for the operating company to become more profitable, is a tough investment.
If the money is coming in the front door at 100 miles per hour, and going out the back door at 110 miles per hour, that's not a good thing. Businesses don't fail because they are unprofitable; they fail because they get crushed on the accounts receivable side.
Learn to think continentally.
Those who stand for nothing fall for anything.