Saturday, August 22, 2009

A random thought on a company

"Superior long-term performance is derived from the willingness to accept short-term under-performance while pursuing a direction different than the crowd. This requires fortitude and a willingness to ignore standard dogma in pursuit of an unpopular strategy." -- Farnam Street

I think we can all agree that above is what we want.

Now consider that statement in the context of Sears Holdings.