Value Investment Club (VIC)

Study Warren Buffet's value investment, share our surprising insights and take actions in buying/investing business.

Tuesday, August 14, 2012

Turnaround Story

Mickey Drexler was credited to turn GAP around during the 1990s. Check out his story - Mickey Drexler’s Redemption here.

However, Warren Buffett said " Turnarounds seldom turn. "

Can Ron Johnson in JC Penny do the same thing?
Posted by Josh Chen at 12:08 PM
Labels: Buying Biz, Warren Buffet

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