Combining two current board threads, Chris Bloomstran of Semper has a potted history and discussion of dollar stores in his letter. He’s held DG for a number of years and is also doubtless happy with current prices to top up his holding.
But perhaps of greater interest is this quote about DLTR, “We got very lucky to initiate a 2% position in the shares on September 27. Who would have known that two or three short days later would come the announcement of the breaking of the buck, and with it a surge in the share price from our cost of $87 to $140 at yearend?”
Maybe he was lurking on this board before making the DLTR plunge?!
In any event, his comments are worth reading … as is the rest of his letter but that might take a little longer to digest.