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Michael Mitchell - Fundamental Opportunist

The Business Brew

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Getting the Capital Out of the Jewelry Business

"i got greedy, when he pulled that capital out of inventory," says Purcis imean. "I'm like, this is a me if we're going to permanently pull capital out of the business." In soim like in a bystock back bi a 20,. What happened? They did that at my brilliance and ti, we had it investorda in dalasEverybody noticed, i got the stock drift to 28. We were buying back stock. And then what happens? Bom two thousand and eight, the crash".

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