RE:RE:NAV"You have to be patient to be a value investor." So true!
"You have to be super patient to be a Reitmans investor. The management will do everything for management (bonuses, stock options, raises) and eventually shareholders"
PE multiple is still the most common valuation metric. Counterintuitive idea for Reitmans management (all other managements get this) "Buy back cheap stock so options are not dilutitave"