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How One Hedge Fund’s Operational Approach Spawns Turnarounds

Knowledge at Wharton

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The Importance of Investing in Your Own Real Estate

Jeff Smith: Do you see companies truly owning their own real estate or farming it off into another entity being the pattern that you will probably see more and more of in the years to come? "I think you've seen some of that already. And I think it'll continue," he says. The last thing you want to do is to sell the real estate and put a lease on that store and have a struggling store that you then can't operate"

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