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A stock whose management and investor star-power obscured adverse operating trends and substantial leverage (“Sell big food”), a sprawling conglomerate termed “the Berkshire Hathaway of tech” yet vulnerable to all sorts of financial accidents (“Epitome of the cycle”), and a summer 2017 rumination on the short-volatility strategies which helped stoke the early-February market bonfire (“Prelude to tumult”).

      

Jim Grant head shot in front of fan shot of GRANT'S covers

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