(Bloomberg) — Sears Chairman Eddie Lampert could use a dose of his own medicine. Yesterday the reclusive hedge manager released his annual letter to shareholders, in which he whined about how unfair it was that traditional retailers such as Sears are held to different standards than West Coast startups. He highlighted Uber's ability to raise almost unlimited capital, Amazon's historical evasion of sales tax and Tesla's acceptance of government subsidies. "What are the implications for older companies that are held to a very different standard when it comes to profitability and regulation?" he wrote, following the company's $580 million loss—its 23rd consecutive quarterly loss. Cry me a river, Eddie. Lampert has written about 63,000 words' worth of shareholder letters since 2005, when he took over what was once America's biggest retailer and began writing annually about what he calls Sears' transformation.