Investing is often like sailing at sea. Its often remarkable how much time you spend off your original course, correcting for wind and sea, all so you can reach your destination.

Investing is often like sailing at sea. Its often remarkable how much time you spend off your original course, correcting for wind and sea, all so you can reach your destination.

From that beginning, was build one of the great retail dynasties of all time. Known principally for Les Wexner's ability to see real value in the retail franchise.

This ability to recognize real value has enabled Les to make some of the greatest acquisitions of all time.

From that beginning, was build one of the great retail dynasties of all time. Known principally for Les Wexner's ability to see real value in the retail franchise.

This ability to recognize real value has enabled Les to make some of the greatest acquisitions of all time.

Les Wexner literally grew up in his family's store in Columbus, Ohio. A bright young man, he attended Ohio State University, majoring in Business Administration. And like most college students, Les would go to class during the school year, and work at the family department store during the summer.

Les Wexner literally grew up in his family's store in Columbus, Ohio. A bright young man, he attended Ohio State University, majoring in Business Administration. And like most college students, Les would go to class during the school year, and work at the family department store during the summer...

Back in 1978 a management dispute broke out, at the Los Angeles based hardware store, Handy Dan's. And as is often the case in situations like this upper management was unhappy with the way that the hardware chain was performing. The answer: clean house. So both Bernie the CEO and Arthur the CFO were let go...