IFB106: The Sears Bankruptcy Fallout – Is Telsa Next?




The Investing for Beginners Podcast - Your Path to Financial Freedom show

Summary: <br> Announcer:                        <a href="https://www.temi.com/editor/t/bP3lP9T6lscQOgjvUAwUR9gCn_rLOIdL55Xz0WydIuj9zxdwPiGXgKQg68o-dtop7KNH5eQqgNQfLlRIisWENCJoNU8?loadFrom=DocumentDeeplink&amp;ts=0.27">00:00</a>                     You’re<br> tuned in to the Investing for Beginners podcast. Finally, step by step premium<br> investment guidance for beginners led by Andrew Sather and Dave Ahern. To<br> decode industry jargon, silence crippling confusion and help you overcome<br> emotions by looking at the numbers. Your path to financial freedom starts now.<br> <br> <br> <br> Dave:                                    <a href="https://www.temi.com/editor/t/bP3lP9T6lscQOgjvUAwUR9gCn_rLOIdL55Xz0WydIuj9zxdwPiGXgKQg68o-dtop7KNH5eQqgNQfLlRIisWENCJoNU8?loadFrom=DocumentDeeplink&amp;ts=35.62">00:35</a>                     All<br> right folks, we’ll welcome to the Investing for Beginners podcast. This is episode<br> 106, tonight Andrew and I are going to talk about that, the disaster, true.<br> That is Sears and all the goings on with that. And talk a little bit about<br> bankruptcies and some other things. So Andrew, why don’t you go ahead and tell<br> us about the article that you sent me today and we can talk a little bit about<br> that.<br> <br> <br> <br> Andrew:                              <a href="https://www.temi.com/editor/t/bP3lP9T6lscQOgjvUAwUR9gCn_rLOIdL55Xz0WydIuj9zxdwPiGXgKQg68o-dtop7KNH5eQqgNQfLlRIisWENCJoNU8?loadFrom=DocumentDeeplink&amp;ts=55.87">00:55</a>                     Yeah,<br> it’s actually kinda depressing then, would piss a lot of people off, especially<br> the people that work there. So Eddie Lampert, he was the former Sears CEO. Um,<br> and I don’t know, maybe you know better than I was. He, did he have like, um, a<br> big ownership stake in the company too? Is that why?<br> <br> <br> <br> Dave:                                    <a href="https://www.temi.com/editor/t/bP3lP9T6lscQOgjvUAwUR9gCn_rLOIdL55Xz0WydIuj9zxdwPiGXgKQg68o-dtop7KNH5eQqgNQfLlRIisWENCJoNU8?loadFrom=DocumentDeeplink&amp;ts=77.41">01:17</a>                     I<br> think so. Yeah. He’s a hedge fund billionaire. He was supposed to turn series<br> into the next Berkshire Hathaway.<br> <br> <br> <br> Andrew:                              <a href="https://www.temi.com/editor/t/bP3lP9T6lscQOgjvUAwUR9gCn_rLOIdL55Xz0WydIuj9zxdwPiGXgKQg68o-dtop7KNH5eQqgNQfLlRIisWENCJoNU8?loadFrom=DocumentDeeplink&amp;ts=86.11">01:26</a>                     How’d<br> that, how’d that work out?<br> <br> <br> <br> Dave:               &amp;...