View Single Post
12-27-2012, 10:01 PM
Now 11.5% more Zen
Replacement's Avatar
Join Date: Apr 2005
Location: Hockey Hell
Country: Canada
Posts: 41,223
vCash: 500
Originally Posted by raab View Post
How could anyone look at Katz and not want him running your business. The guy took a little bit of cash and made a few billion. I'd consult with him on pretty much any business matter.
What Katz is really good at is identifying poorly performing drug store chains, buying them out, and then increasing their return through good management hire. He doesn't manage these himself. He's great with crunching numbers and buying low and then selling at a later point when a chains returns represent some level of value. Not to diminish his accomplishment, but it isn't in management as much as its in acquisitions/mergers/. He's usually been good at identifying managers for the companies he has. Too bad in the Oilers case its Tambo.

Replacement is offline