$13bn Hedge Fund: Jeff Bezos’ Deal for Whole Foods is ‘True Genius’

(The Business Insider) A $13 billion hedge fund says there’s an aspect to Jeff Bezos’ bid for Whole Foods that is “pure genius” – the fact that Amazon is valued so highly by the market. Highfields Capital Management, a Boston-based hedge fund that flies under the radar, sent a letter to clients this week that lays out the reasoning…..

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