What type of investment strategy does Eddie Lampert's firm, ESL Investments, focus on?
Short-term trading
Long-term value investing
High-frequency trading
Venture capital
Answer
ESL Investments, founded by Eddie Lampert, focuses on long-term value investing. The firm seeks to identify and invest in undervalued companies with the potential for significant growth over time.
Eddie Lampert Smarty-Pants Quiz: 23 Questions to show off your intelligence