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#55: Ben Hunt On The Big ’Bust Out’

Superinvestors and the Art of Worldly Wisdom

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The CEO's Six Year Plan to Save the Company

The company bought back $4.2 billion in stock over a six-year period, more than their total free cash flow. The CEO was fired and the founders were kicked off the board during that time. A true strategic plan would have reinvigorated the business to grow for decades instead of just selling into it.

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