Subject: Re: So 9 years later
Don't attack the idea giver, attack the idea, that was missing from the poster.

I don't like the dollar tree or dollar general etc. because they are either in the sunset business or are too hard to predict its future and value.

In general, I and some traditional value investors have been making a mistake in putting much weight on past performance, not enough weight on the fast changing landscape because the Internet and technology have been and continue to change many business models.